Levy Real Estate are delighted to bring Berkshire House, Maidenhead to market, alongside our joint agents Allsop.

Key Details:

• Unbroken Freehold block completed in 2018 (part PD; part new build)
• Prominent corner block with prime High Street frontage, a short walk
  from Maidenhead Station#
• The property comprises:
  • •  68 apartments (34 x s, 30 x 1b; 4 x 2b), total NSA of 29,392 sq ft
    • 4 retail units (total NIA of 5,111 sq ft). Occupiers include Santander and Greggs

• 30 car parking spaces
• 100% of residential units let
• Gross Income (commercial and residential):
  • Total Current Income: £1,412,390 pa
  • Total Estimated Rental Value (ERV): £1,517,000 pa
• All units benefit from a high-quality sky level amenity floor including a lounge, private dining room and co-working space
• EPC ratings of B & C
• EWS1 Rating: B1
• Further development potential in the rear car park (0.19 acres / 0.08 hectares)
• For sale by private treaty.

Offers are invited in excess of £15,250,000 for the freehold interest, representing a gross yield of 9.26% (passing rent) and 9.95% (ERV).