Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding mixed-use investment forming part of a popular local parade and benefitting from a prominent pedestrianised pitch.
Arranged as a ground floor retail unit with a two bedroom maisonette to the upper parts, the property is fully let to two tenants and producing a total rent of £37,200 per annum.
The ground floor is let to Helen and Douglas House, an established local charity with 26 stores, on a five year lease expiring 19.07.2026 and paying £24,000 per annum.
The upper parts comprise a two bedroom maisonette with separate rear access and is let to private individual(s) on an Assured Shorthold Tenancy (AST) expiring 10.02.2026 and paying £13,200 per annum (£1,100 pcm). Please see the tenancy schedule and legal pack for more information.
The property forms part of a popular local parade with a prominent frontage to the pedestrianised heart of Woodley, an affluent suburb of Reading. The parade forms the principal retail amenity for Woodley and is characterised by a number of national retailers including Costa, Iceland, Boots and Waitrose.
Tenure
Freehold
Rent