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130-134 Crockhamwell Road, Woodley, Reading

Guide Price
£650,000

£89.93 per sq ft

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE AVAILABLE

7,228 sq ft

672 sq m

SECTOR

Mixed use property for sale

Key features

  • High Yielding Retail Investment
  • Let to Peacocks
  • Recently Renewed Lease Expiring 21.10.2029
  • In Occupation for 5+ Years
  • 5,581 sq ft (518.47 sq m)
  • Prominent Pedestrianised Pitch
  • Forms Part of a Popular Local Parade
  • Investment Let at £90,000 p.a. (14% GIY on Guide Price)
  • Guide Price Reflects a Low £116 per sq ft

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 double fronted retail unit to the ground floor (and a small area to the first floor at the rear) the property is let to Peacocks Stores Properties Limited t/a Peacocks on a recently extended lease expiring 21.10.2029 and paying £90,000 per annum.

The upper parts include separate accesses from the rear and comprise two maisonettes which have been sold off 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

130-134 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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Disclaimer - Property reference 2C00CF80-8B01-48BF-A79D-D8911C5AB941. 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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