144-146 Crockhamwell Road, Woodley, Reading
Business rates & charges may apply
- SIZE
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- SECTOR
Mixed use property for sale
Key features
- High Yielding Mixed-Use Investment
- Retail Unit and Maisonette
- Ground Floor Let to Helen & Douglas House - an Established Charity
- Upper Parts Let on Separate AST
- Prominent Pedestrianised Pitch
- Forms Part of a Popular Local Parade
- Investment Let at £37,200 p.a. (10.63% GIY on Guide Price)
Description
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.
Brochures
144-146 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
Notes
Disclaimer - Property reference 44C9838D-A6C8-440D-9C69-37339595AE16. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Savills Auctions- Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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