21 Bell Street, Henley-on-Thames, RG9 2BA
- SIZE AVAILABLE
2,600 sq ft
242 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A1 Shops
A1
Key features
- Prime Retail Location – Situated on Bell Street, a key retail area in Henley-on-Thames.
- Secure Tenant – Let to Brook Taverner on a 10-year lease from May 2023 with no break clauses.
- Strong Rental Income – Generates £75,000 per annum in rental income.
- Long Leasehold – A new 999-year lease to be granted upon completion.
- High Gross Initial Yield – Offers a 7.69% GIY based on the £975,000 asking price.
- Spacious Unit – 2,600 sq ft (241.54 sq m) of retail space on the ground floor.
- Vibrant Market Town – Located in Henley-on-Thames, known for its retail, dining, and tourism appeal.
- No VAT Exemption – VAT is applicable, making it a straightforward investment for VAT-registered buyers.
Description
Henley-on-Thames is a historic and vibrant market town situated on the banks of the River Thames, renowned for its picturesque scenery, thriving retail sector, and strong visitor economy. The town boasts an excellent mix of independent boutiques, national retailers, cafés, restaurants, and pubs, making it a sought-after destination for both shoppers and businesses.
The property is located on Bell Street, one of Henley’s busiest and most prominent retail streets, ensuring high footfall and excellent visibility. This 100% prime retail location is home to a variety of well-known brands, attracting a mix of local residents, professionals, and tourists year-round.
Henley also benefits from excellent transport links, with Henley railway station providing direct services to London Paddington via Twyford. The town is well connected to major road networks, including the M4 and M40, providing easy access to Reading, Oxford, and London.
Famous for hosting the Henley Royal Regatta, a world-renowned rowing event, the town sees a significant influx of visitors annually, boosting local businesses and ensuring a strong retail demand.
The property is securely let to leading menswear retailer Brook Taverner on a 10-year lease from May 2023, generating a strong rental income of £75,000 per annum, with no break clauses. Offered on a new 999-year leasehold, this investment provides an attractive 7.69% gross initial yield based on the £975,000 guide price.
Brochures
21 Bell Street, Henley-on-Thames, RG9 2BA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Henley-on-Thames Station0.4 miles
- Shiplake Station2.1 miles
- Wargrave Station3.1 miles
Notes
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