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7 High St 1,285 SF Retail Building Maidenhead SL6 1JN $1,673,921 CAD ($1,302.66 CAD/SF) 7% Cap Rate
EXECUTIVE SUMMARY
Shop 7 is let to D Kaczmarek, trading as Needle Tailoring, on assignment, for a term expiring 30 June 2025 at a passing rent of £12,000 p.a.x. Shop 7a is let to The Suntan Shop (Maidenhead) Ltd for a term expiring 7 June 2028 at a passing rent of £22,500 p.a.x. Flat 1 is currently vacant and available to let at £1400 p.m. while Flat 2 is let at £1300 p.m. A store/office room on the first floor is currently vacant. NOTE: The tenant of Shop 7a has expressed a wish to take on a further 5-year term in 2028 at a rent of £25,000 p.a.x.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
1,285 SF
Building Class
B
Year Built
1899
Price
$1,673,921 CAD
Price Per SF
$1,302.66 CAD
Cap Rate
7%
NOI
$117,174 CAD
Tenancy
Single
Building Height
2 Stories
Frontage
26’ on High Street
AMENITIES
- Bus Line
- Security System
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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7 High St
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