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21 Bell Street, Henley-on-Thames, RG9 2BA

£975,000

£375.00 per sq ft

Business rates & charges may apply

John D Wood, Mayfair
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

A rare chance to acquire a prime retail investment in the heart of Henley-on-Thames, a vibrant market town renowned for its thriving retail, dining, and tourism scene. This highly desirable ground-floor retail unit spans 2,600 sq ft (241.54 sq m) and is situated in a 100% prime retail location on Bell Street.

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

About John D Wood, Mayfair

34-35 Clarges Street, Mayfair, London, W1J 7EJ

John D Wood are a well-established Commercial Property Consultant with a superb name and huge amount of brand recognition throughout the U.K. Our long established brand evokes a sense of history and quality, while giving an immediate sense of confidence to our clients who feel secure and well advised when dealing with a firm with such a long and well established history.

The core of the business is commercial property management. We have a team of both property and facilities managers as well as accountants who are dedicated to dealing with the managed properties, including service charge where applicable. We have an unprecedented knowledge of property management and if we are unable to manage the property in-house then we know exactly what is required in procuring these services for clients. Clients know how we work and appreciate our honesty if we are unable to manage the property in-house and are more than comfortable with us procuring property and facilities management companies on their behalf.

We also have a lettings team, investment team, professional team and valuation team. Our valuation team is led by the former global head valuer for DTZ. We mix experience with youth, ensuring that we have a good combination of young and hungry employees eager to provide a quality service to our clients and experienced qualified surveyors to ensure this is delivered.

Notes

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