Hanover Green Launch Castle Hill House, Maidenhead For Sale

Hanover Green are pleased to bring Castle Hill House, Maidenhead to the market for sale.

A prominent asset repositioning opportunity in Maidenhead town centre.

– Within 600m of Maidenhead railway station, which benefits from direct links to London via the new Elizabeth Line (Crossrail).
– Excellent connectivity forming part of the M4 corridor
– Maidenhead has significant investment underway in the town centre with multiple regeneration projects.
– Self-contained office building of 11,702 sq ft (NIA).
– Excellent town centre parking provision of 35 spaces
– Single let to Hanson Quarry Products Europe Limited on a 15 year FRI term expiring on 3rd April 2023.
– The building has permitted development consent for conversion to 20 residential units.

We are seeking offers in excess of £2,700,000 subject to contract and exclusive of VAT. This reflects a Net Initial Yield of 12.62% and low capital value of just £231 per sq ft overall.

Please contact Jonathan Webb or Andy Tucker for more information.