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Retail and residential opportunity for sale in Windsor

12A & 12B Peascod Street, Windsor, Berks, SL4 1DT
For sale
£3,100,000 Offers In Excess Of
colliers
This property is marketed by:
Colliers

Key features

Windsor is an affluent market town and a desirable retail and leisure destination.

The property occupies a strategic position on Windsor’s prime, pedestrianised shopping street, with views of Windsor Castle. 

Mixed use property comprising 1,539 sq ft (143 sq m) of retail accommodation on the ground floor and 2,948 sq ft (274 sq m) of residential accommodation over the first, second and third floors.

Total current income of £162,800 per annum.

The retail unit is let to Mexican Grill Ltd from 1st June 2021 for a term of 15 years at a passing rent of £80,000 per annum.

Tenant break option on 31st May 2026 (4 years term certain) subject to a £40,000 penalty.

The residential accommodation comprises five new-build flats let on ASTs, generating a current rental income of £82,800 per annum.

Freehold.


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