92 High St

SITUATION
Occupying a prime position in the town’s main pedestrianised retail thoroughfare, located opposite the entrance to the Nicholsons Shopping Centre and amongst multiples such as Hays Travel, Costa, Specsavers, McDonald’s, CEX, Savers, Three, Scrivens and many more.
Maidenhead is a prosperous Thames Valley town which lies approximately 26 miles west of central London and enjoys easy access via the A404(M) to the M4 (Junctions 8/9) and M40 (Junction 4) motorways.
PROPERTY
A modern well-configured mid-terrace building comprising a Ground Floor Bank with a Basement and internal access to Ancillary Accommodation on first and second floors. The property includes an 8-person passenger lift.

VAT is NOT applicable to this Lot

FREEHOLD
Note 1: There may be potential to convert the upper parts for residential use, subject to obtaining possession and the necessary consents.

Note 2: There has been recent negotiations with Barclays Bank who have made a monetary offer to surrender their lease with vacant possession – refer to the Auctioneers for more information.

ACCOMMODATION
Ground Floor Banking Hall
Gross Frontage 28'6"
Internal Width 25'6"
Built Depth 82'4"
Area Approx. 1,716 sq ft

First Floor
Offices
Area Approx. 1,567 sq ft

Second Floor
Canteen/Offices
Area Approx. 559 sq ft
Plus 3 Gents WCs &
5 Ladies WCs

Basement
Strong Room & Storage
Area Approx. 841 sq ft
Total Area Approx. 4,683 sq ft

TENANCY
The entire property is let on a full repairing and insuring lease (subject to a Schedule of Condition) to Barclays Bank plc (not in occupation)(T/O for Y/E 31/12/2023 £39bn, Pre-Tax Profit £4.2bn and Shareholders’ Funds £60.5bn) for a term of 20 years from 14th August 2006 at a current rent of £120,000 per annum exclusive.

Note: 6 week completion