Land for sale

Chalvey Road West, Chalvey, Slough, Berkshire SL1

This freehold development, situated in the heart of Chalvey close to Slough Town Centre, offers an excellent opportunity for investors/developers. With the Observatory shopping centre nearby and exceptional transport connections, including Slough mainline station with direct services to London Paddington and multiple bus routes, the location is both highly accessible and convenient.

The property consists of three commercial units and 19 residential flats. Seventeen of the flats have already been sold off, and the sale includes two onebedroom penthouse flats, currently rented out under Assured Shorthold Tenancies (ASTs). The commercial units are on 125-year leases, while the residential flats benefit from 999-year leases with a peppercorn ground rent, presenting an attractive long-term investment and potential for future value growth.

In addition, the development has received planning permission for future expansion. A three-story side extension has been approved, allowing the construction of three additional one-bedroom flats, with further potential for even more units (subject to planning with local authorities), which enhances its appeal.

This opportunity is ideal for investors/developers seeking to capitalize on a developing area with significant potential for growth and development.
Accommodation

Building consisting of Three Commercial Units and 19 Flats Above.
Tenure

Freehold
Local authority & tax rating

Slough Borough Council
Viewing times

External inspection at any time but please be courteous to neighbours

Disclaimer The information on our brochures, our website & in the office is presented as general information and no representation or warranty is expressly or impliedly given as to its accuracy, completeness or correctness. It does not constitute part of a legal offer or contract. This brochure may unintentionally include inaccuracies or errors with respect to the description of a plot/ flat size, site plan, floor plan, a rendering, a photo, elevation, prices, taxes, adjacent properties, amenities, design guideline, features, etc. Further the actual design / construction may vary in fit and finish from the one displayed in the information and material displayed on this brochure. The user must verify all the details and specifications, including but not limited to the area, amenities, specifications, services, terms of sales, payments and all other relevant terms independently with our sales/ marketing team prior to concluding any decision for buying or renting any of the properties in any of our projects/ developments. Notwithstanding anything, in no event shall the Company/ Firm, their promoters, partners/ directors, employees and agents be liable to the visitor/ user for any or all damages, losses and causes of action (including but not limited to negligence), errors, injury, whether direct, indirect, consequential or incidental, suffered or incurred by any person/s or due to any use and/or inability to use this brochure or information, action taken or abstained through this brochure. While enough care is taken by the Company/ Firm to ensure that information in the brochure are up to date, accurate and correct, the readers/ users are requested to make their independent enquiry before relying upon the same.