Summary
The site comprises a Multi Let Industrial Estate which we believe the site could work well for alternative uses such as care, assisted living and affordable residential development subject to the usual consents being obtained.
Vacant possession values in the area now stand at £XXX per sq ft which shows the potential to break the estate up to owner occupiers at a premium to the acquisition price.
Key Points
2.47 Acre siteThe site benefits from planning consent for the construction of x87 dwellings (Use Class C3), new community centre and associated access, servicing, parking and landscapingSouth east industrial estate with substantial repositioning opportunitiesPotential to reposition the property in its existing use as an industrial estateExtremely low passing rents of between £XXX - £XXX per sq ftShort term income to allow for asset management initiativesTo be sold on behalf of the Receivers
VAT
All prices are subject to VAT.
Anti-Money Laundering (AML) Requirements
Interested parties will be required to provide the appropriate information to satisfy current AML regulations at the stage Heads of Terms are agreed.
Tenure
The site is held freehold under seven titles: BK14428 / BK16057 / BK488121 / BK15806 / BK338152 / BK378734 / BK11850 - Shirley avenue is an adopted highway
Dataroom
Dataroom access is available upon request.
Proposal
Unconditional offers are invited for the freehold interest as a whole or on an individual title by title basis. The vendor will consider conditional offers but their preference is for an unconditional disposal of the whole.
Viewings
Viewings can be arranged via the Joint Sole agents.
Assignable Measured Survey
The vendor has commissioned an assignable measured survey of the units which will be uploaded to the dataroom.
Planning Permission
The site benefits from planning permission to construct 87 residential dwellings (Use Class C3), a new community centre and associated access, servicing, parking and landscaping under application number 19/01657 expiring 30/12/23. Further details are available upon request.
We believe the site could work well for alternative uses such as care, assisted living and affordable residential development subject to the usual consents being obtained.
Location
Windsor boasts a strategically advantageous position when it comes to transport links. Situated just a stone's throw away from London, the
city benefits from proximity to major international airports, including Heathrow, making it easily accessible for travellers from across the globe. Its well-connected road network, with the M4 motorway nearby, ensures efficient travel by car. The Windsor & Eton Central railway station provides swift connections to London Paddington, while the Windsor & Eton Riverside station links to London Waterloo, further enhancing commuting options. Additionally, the picturesque Thames River offers a charming and leisurely mode of transport, making Windsor a well-rounded hub for transportation