The freehold property is described as a ‘rare opportunity for investors’ due to its substantial rental income and potential for future development.
The Slough property consists of five two-bedroom flats and a 322 square metre shopping centre with 12 retail units.
The ground floor houses the shopping centre with all retail units currently tenant-occupied and accessible from Slough High Street.
The first floor contains three two-bedroom apartments, while the second and third floors each house a two-bedroom duplex apartment.
All residential units are also currently tenanted, ensuring a steady stream of rental income for potential buyers.
According to the estate agent, the property generates a total rental income of £15,200 per month or £182,400 per year.
A detailed breakdown of this income can be provided to interested parties.
In addition to the existing flats and retail units, there is potential for future development at the site.
Drawings have been created to add five more apartments to the rear of the property, comprising three studio flats and two two-bedroom apartments.
This development plan also includes maintaining an undercroft parking area.
The property also includes a parking area to the rear, adding further convenience for tenants and customers of the retail units.
The estate agent highlighted the potential of this property as both a commercial and residential investment.
The mix of residential flats and commercial units provides a diverse income stream, while the potential for future development offers an opportunity for further growth.
The property is located close to Slough train station, just 0.3 miles away, providing excellent transport links to London and other major cities.
Several local schools are also within a mile of the property, making it an attractive location for families.
These include St Mary’s Church of England Primary School, Long Close School, Upton Court Grammar School, and Littledown School.
Potential buyers are advised to make their own enquiries to ensure the accuracy of the information provided.
The estate agent, Yopa, has stated that they make no representations or warranties of any kind with respect to the statements contained in the property particulars.
They also highlighted the legal requirement for purchasers to undertake an identification check and provide information on the source and proof of funds, in line with Anti Money Laundering Regulations.
Those interested in viewing the property are encouraged to contact the estate agent to arrange an appointment.
