Opportunity to purchase a freehold block of 24 studio flats with permitted development granted for the addition of another storey to create a further eight studios. The existing building comprises ground, first and second floors with eight studios per floor.
The 24 existing studios have all been sold off on 125 year leases from 1987. The current ground rent payable by the leaseholders is £150 per annum, which increases to £225 per annum in 2053 and to £300 per annum in 2086. Each studio flat has an allocated parking space.
Trevose House, Franklin Avenue, Slough SL2 1DQ
The property is located in Manor Park within the borough of Slough. The property fronts Northborough Road but is accessed from Franklin Avenue. Slough Town Centre is approximately 1.7 miles south east of the property and the closest train station is Burnham which is approximately 1.3 miles to the South West. Direct trains from Burnham into London Paddington take 41 minutes.
Y/01935/048 Prior approval for the addition of another storey for eight flats. Granted 23/02/2021.
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