Withdrawn
Withdrawn Prior
Sold
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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 £35,700 per annum.
The ground floor is let to Kirshnand WDL Limited t/a Fireaway Pizza on a 15 year lease expiring 06.01.2037 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 01.08.2025 and paying £11,700 per annum (£975 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
Tenancy
Please see the Tenancy Schedule and Legal Pack for more information.
Rent
Notes
We understand the property is elected for VAT.