LOT 27 - Windsor

Castle Hill House, 12 Castle Hill, Windsor, Berkshire, SL4 1PD

Attractive Grade II Listed Freehold Office Investment

Guide Price*

£1.5M - £1.6M

Gross Initial Yield 6.67%Commercial - 3rd Nov 2020
Key Features
  • Let to Inigo Business Centres Ltd (1) until 2023 (no Breaks)
  • Affluent town centre location positioned opposite Windsor Castle
  • Comprising a total of 392.60 sq m (4,226 sq ft)
  • Residential redevelopment potential, subject to consents
  • Includes onsite parking for up to 12 vehicles
  • VAT is applicable
  • Six Week Completion Available

Current Rent Reserved
£100,000 p.a.
Tenure

Freehold


Location
  • Windsor is an historic and prosperous town situated some 25 miles west of Central London together with a significant volume of tourists visiting the castle
  • The property is situated in the heart of the town centre on the south side of Castle Hill opposite Windsor Castle
  • The town is situated some 2 miles from Junction 6 of the M4 which provides links to the M25 & M3 motorways
  • Windsor & Eton Riverside and Windsor & Eton Central rail stations provide links to London Waterloo (1hr) and London Paddington (29 mins)
  • Heathrow airport is some 8 miles away
  • Occupiers close by include: Barclays & HSBC banks, Wagamama, Starbucks, T K Maxx amongst a wide range of other retailers, restaurants & pubs
Additional Information
  • The Property is Grade II Listed and is situated in Windsor Town Centre Conservation Area
  • The Property benefits from a lift and parking for 12 cars in total if 2 are parked in tandem
Planning
The property may lend itself to residential redevelopment, subject to the existing tenancy & obtaining all the necessary consents. 
All enquiries should be made with the local authority: Royal Borough of Windsor & Maidenhead
Contact Number: 01628 683 800
Email: Planning.policy@rbwm.gov.uk
Website: www.rbwm.gov.uk
VAT

VAT is applicable to this lot.

Viewings

If you would like to attend a viewing you must register with us in advance no later than close of business on Monday 26th October 2020. Please email doug.guild@allsop.co.uk with the name and mobile number of each party wishing to attend, photographic ID and a mobile phone number will be required for each attendee on the day. In the subject box of your email please enter the Lot number, town and postcode of the property you wish to view.

Contacts
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Important notice - Pre-registration approval to bid, guide prices, reserves and additional charges Please note that charges and fees additional to the sale price might be payable by the successful buyer in respect of the Lot. Please read the information below and check the Special Conditions of Sale, the Particulars of Sale and any addendum for the Lot before deciding whether or not to bid. Pre-registration approval to bid Allsop now requires all bidders who wish to bid at our Auctions to Register beforehand. All checks required by current anti-money laundering legislation must be satisfactorily completed as part of this process before prior approval to bid will be given. Please us the links on our website to pre-register. Guide Prices 1. Where a guide price (or range of prices) is given, that guide is the minimum price at which (or range of prices within which) the seller might be prepared to sell on the date on which the guide price (or range of prices) is published. The guide price will normally be at or above any reserve price. 2. The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website and you are advised to check the website regularly for updates. 3. All guide prices are Quoted "subject to contract". 4. Please note the guide price for the Lot does not include: - any Buyers' Fee charged by the auctioneers; - VAT on the sale price; - SDLT or any other Government taxes; - additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers. 5. If a guide price is listed as "TBA", it means no guide price has been set at present. Please do not call our office about this - the guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates. Reserve Prices 6. The reserve price is the minimum price at which the Lot can be sold. 7. Whilst every effort is made to ensure that the advertised guide prices are up-to-date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price ju st before the Lot is offered for sale. Buyers' fees, Seller's fees and additional charges 8. For each Lot, a Buyers' Fee is payable on the fall of the hammer to Allsop LLP as follows: Residential Auctions - Lots sold for £10,000 or more: Buyers' Fee of £1,250 inclusive of VAT - Lots sold for less than £10,000: Buyers' Fee of £250 inclusive of VAT Commercial Auctions - All Lots: Buyers Fee £1,000 inclusive of VAT 9. Additional charges and fees might be charged by the seller and/or other third parties . You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts. 10. VAT may be chargeable in addition to the sale price for the Lot. The Lot Particulars and/or the Special Conditions of Sale will indicate whether VAT applies. Other Matters 11. Please note that lots may be sold or withdrawn at any time prior to auction. 12. Please note that the amount of Bidder Security (payable on application to bid at the auction) and the Buyer's Fee may each be varied from the standard amounts quoted. Please refer to the addendum, the Particulars and/or the conditions of sale. 13. Street trader plans are reproduced with the consent of Experian Goad Limited. Experian Goad Digital Plans include mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty's Stationery Office. © Crown Copyright and Experian Copyright. All rights reserved. Licence number PU 100017316. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty's Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020 14. The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not necessarily drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries . The Auctioneers cannot guarantee that any plans or photographs show the up to date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.