Address | Accommodation | Tenant | Lease | Rent (£pa) |
The Earl of Cornwall | Public house/manager's accommodation | Greene King Neighbourhood Estate Pubs Ltd | 99 years from 20/04/1979 | £21,250 |
TOTAL | £21,250 |
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A detached single storey building beneath a pitched roof on a site of approximately 0.22 hectares (0.56 acres). The building is arranged as a public house incorporating a self contained manager's flat. Externally there is a terraced seating area and parking for 32 cars plus two disabled spaces.
Slough is one of the principal towns in the Thames Valley lying on the M4 Corridor approximately 20 miles west of Central London and 19 miles north east of Reading. It lies immediately to the north of the M4 motorway, from which it can be accessed via junctions 5, 6 and 7. The M25 intersection (junction 15) lies approximately 4 miles to the east and the M40 motorway lies about 8 miles to the north accessible at junction 2. The A4 (Bath Road) is one of the main commercial locations in the Thames Valley with occupiers including O2, McAfee and Nintendo.
Slough railway station provides regional and national rail services including regular services to London Paddington with a journey time of 15 minutes and London Heathrow Airport lies approximately 5 miles to the south west.
Cippenham Lane runs east from Tuns Lane (A355) parallel to the A4 (Bath Road). The property lies on its south side at the junction with Weekes Drive and opposite Slough Retail Park about 1.5 miles west of the town centre. Occupiers of Slough Retail Park include Aldi, Smyths Toys, Costa Coffee and The Range.
The entire property is let to Greene King Neighbourhood Estate Pubs Ltd for a term of 99 years from 20/04/1979 at a rent of £21,250 per annum, thus having approximately 55 years unexpired.
For the year ending 22/01/2022 the tenant reported a pre-tax profit of £5.71 million and a net worth of £508.9 million (source: Companies House).
Slough Borough Council (01753 475111) - www.slough.gov.uk
Freehold
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