- Off market
- Freehold
- A Grade II Listed former convent now comprising 75 residential apartments, a vacant chapel and a part-converted gym
- Located within a sought after residential area approximately 1.2 miles from Windsor and Eton Central Station and Town Centre
- Circa 7.25 acres
- Of the apartments –
- 50 sold on 125 year leases from 1 January 2005 generating a total of £12,500 per annum ground rent (£250 per unit)
- 25 apartments (3 x studio, 11 x 1 bed, 8 x 1 bed and 3 x 3 bed) let on ASTs producing £366,531 per annum
- The 25 apartments have a total area of circa 18,450 sq.ft NSA
- The former gym has planning consent to convert to apartments (work not yet completed)
- A small chapel offering residential conversion potential and substantial communal courtyards and grounds with two separate car parks
- The Main Chapel circa 6,500 sq.ft sold off on a 999 year lease although available by separate negotiation
- The southern car park offers potential for future redevelopment by way of a new build scheme which allows the ground floor to remain as car parking subject to PP
- Selling price £7.5m.
We will require a buy side fee.
Where we act as a seller’s mandate, we represent the vendors. Our clients wishing to sell their property off-market benefit from impartial advice and a personalised service tailored to their requirements and circumstances. More importantly, we offer sellers unparalleled access to qualified buyers and we ensure that we address the right audience.
In order to achieve the best possible sales result, your property is presented to individual and corporate purchasers, whose buying behaviour and buying power can be backed by a Letter of Intent (LOI) and Proof of Funds (POF). We will provide vendors with professional support throughout the entire process and beyond, including RICS valuations, coordinating viewings, assessing incoming offers, and protecting your interests during sales negotiations.
For further information, luxury property, off-market, off-plan, developments or investments, marketing or help finding your next property please contact us anytime.
Office: +44(0)330 2236988
investments@trellows.co.uk
investments.trellows.com
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