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152-154 Crockhamwell Road, Woodley, Reading

Guide Price
£275,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
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SECTOR

Mixed use property for sale

Key features

  • High Yielding Retail Investment
  • Retail Unit
  • Let to HK Superstores
  • Lease Expires 10.11.2041
  • Upper Parts Sold Long Leasehold
  • Prominent Pedestrianised Pitch
  • Forms Part of a Popular Local Parade
  • Investment Let at £30,000 p.a. (10.9% GIY on Guide Price)

Description

The property comprises a high yielding Retail investment forming part of a popular local parade and benefitting from a prominent pedestrianised pitch.

Arranged as a ground floor retail unit with the upper parts sold off on a long leasehold basis, the property is let to HK Superstores Limited on a lease with 16 years unexpired (expiring 10.11.2041) and paying £30,000 per annum.

The upper parts are sold of on a long leasehold basis.

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.

Brochures

152-154 Crockhamwell Road, Woodley, Reading

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Earley Station1.0 miles
  • Winnersh Triangle Station1.3 miles
  • Winnersh Station2.0 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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