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178-180 Dukes Ride

1,613 SF 46% Leased Retail Building Crowthorne RG45 6DS $621,923 ($385.57/SF)

INVESTMENT HIGHLIGHTS

  • Crowthorne is a popular and affluent village/town.
  • Free short term public car park opposite.
  • Opposite Wellington Business Park and just 2 minutes walk from Crowthorne Railway Station.

EXECUTIVE SUMMARY

178/180 Dukes Ride is an attractive and prominent period terraced retail/”Class E” unit with a basement and a self-contained 2 bedroomed flat above. The flat has a private ground floor entrance, off Dukes Ride, 2 x bedrooms, a lounge, bathroom and kitchen. The shop has been maintained to a good standard and provides an attractive retail space with a large glazed shop front, feature lighting, heating and a recently fitted W.C. There is an ancillary area to the rear which includes a kitchenette and could be used for offices, storage, treatment rooms, etc. There is a rear parking area (approx. 4/5 cars) plus a separate optional workshop/store at the very rear which is currently let off on an informal monthly basis. The shop is suitable for retail, office, industrial, clinic, café/restaurant and leisure uses. The adjoining property was converted in 2021 to provide 3 x 1 bed flats with the shop retained. Further details are available from the sole agents. The property is for sale freehold, the shop is currently vacant and is also being offered on a new lease at a rent of £19,000 per annum exclusive. The flat is let on an AST at a discounted rent of £850.00 per month/£10,200 per annum. The rear store/workshop is let on a rolling monthly basis at £350 per month (£4,200 per annum). Total potential income is therefore £33,400 per annum.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,613 SF
Building Class
B
Year Built
1965
Price
$621,923
Price Per SF
$385.57
Percent Leased
46%
Building Height
2 Stories
Parking
4 Spaces (2.48 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • Ground
  • 865 SF
  • Retail
  • In-Line
  • Now

The property provides an attractive and prominent period terraced retail/”Class E” unit prominently positioned on Dukes Ride. The shop has been maintained to a good standard and provides an attractive retail space with a large glazed shop front, feature lighting, heating and a recently fitted W.C. The space includes an ancillary area to the rear which includes a kitchenette and could be used for offices, storage, treatment rooms, etc. To the rear there is a good size parking area (space for 4/5 cars) and an optional separate workshop/store facility available by separate negotiation, for an additional rent. The ground floor “Class E” space is suitable for retail, office, industrial, clinic, café/restaurant and leisure uses.

Space Size Space Use Position Available
Ground 865 SF Retail In-Line Now

Ground

Size
865 SF
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 865 SF
Space Use Retail
Position In-Line
Available Now

The property provides an attractive and prominent period terraced retail/”Class E” unit prominently positioned on Dukes Ride. The shop has been maintained to a good standard and provides an attractive retail space with a large glazed shop front, feature lighting, heating and a recently fitted W.C. The space includes an ancillary area to the rear which includes a kitchenette and could be used for offices, storage, treatment rooms, etc. To the rear there is a good size parking area (space for 4/5 cars) and an optional separate workshop/store facility available by separate negotiation, for an additional rent. The ground floor “Class E” space is suitable for retail, office, industrial, clinic, café/restaurant and leisure uses.

  • Listing ID: 32375176

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 178-180 Dukes Ride, Crowthorne RG45 6DS

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