Map View
Sold on 23/08/2024
£2,600,000 (Subject to Contract and Exclusive VAT)
Reading is a town located in the South East of England about 64km (40 miles) west of London. It is situated in the county of Berkshire and sits on the River Thames.
The subject property is 100% prime, Grade II Listed building, arranged overground and three upper floors, fronting Broad Street and Queen Victoria Street. The building is let to three retail tenants. Itsu occupy 35 Broad Street, a 100% prime, well configured retail unit fronting Broad Street, benefitting from a return frontage onto Queen Victoria Street. Part of the first floor, and the second and third floors, are also demised to Itsu, albeit the second and third floors are not rentalised. 29 & 31 Queen Victoria Street are let to Kokoro and Zambrero respectively and are arranged over ground floor.
£235,000.00 per annum exclusive
Freehold
A net initial yield of 8.5%.
Surveyor | Investment
Associate Partner | Investment
Partner | Investment
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abrdn
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La Salle Investment Management
The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.
M & G Real Estate
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DTZ Investors
With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.
Hammerson
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