Property Details - Montem Guest House, 11-13 Montem Lane, Slough, Berkshire

Photo of Montem Guest House, 11-13 Montem Lane, Slough, Berkshire

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Lot 7

This income producing guest house is situated in a prime trading location within half a mile of Slough Town Centre. Montem Lane is located off the Bath Road within easy reach of Slough Mainline Station, travel connections and shopping facilities. We understand the Guest House operates as 25 rooms with an additional staff studio flat. We are also given to understand that the average weekly rent received is approximately £3,000 (£156,000 pa) and the property is being sold with the benefit of the on-going income. The property may also offer scope for conversion/development subject to obtaining any necessary planning consents that may be required.

ACCOMMODATION

The Guest House currently runs with 6 single rooms, 5 double rooms, 7 triple rooms, 3 quadruple rooms, 4 family rooms, staff studio flat.

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

Slough Borough Council 01753 475111
Council Tax Band: G

VIEWING TIMES

15/05 at 11am to 12pm
22/05/14 at 4pm to 5pm
31/05 at 11am to 12pm

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

Buyers Premium of £600 inclusive of VAT
Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
Stamp Duty - rates easily available on-line
Your solicitor fees and any survey fees
Insurance - it is your responsibility from the date of exchange to insure the property purchased.

Montem Guest House, 11-13 Montem Lane, Slough, Berkshire

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