Map View
Available
£800,000 (Subject to Contract and Exclusive VAT)
Reading is well connected to other major cities with excellent road and rail links, including the M4 motorway and a direct train line to London, making it a key hub in the Thames Valley region. Reading is located in the south east of England, in the county of Berkshire. It lies approximately 40 miles (64 km) west of London and is situated at the confluence of the River Thames and River Kennet. Located on the western side of Broad Street which has established national retailers such as John Lewis, Primark, Marks & Spencer, JD Sports, Waterstones, Boots and Sports Direct.
The subject property comprises two well configured retail units fronting the western end of Broad Street in close proximity to KFC, Caffe Nero and Sports Direct. 70 Broad Street is comprised of a small ground floor retail unit with significant basement ancillary area. 72 Broad Street is a well configured retail unit consisting of ground and first floor sales with office accomodation on the second floor. Broad Street Mall, located opposite the subject property, has plans approved to develop the 1970s shopping centre and car park into a hub of new homes, retail facilities and public realm. It is anticipated 644 new apartments will sit across four buildings, which ascend in height from 8 storeys to 29 storeys.
£94,750.00 per annum exclusive
Freehold
A net initial yield of 11.61%
Partner | Investment
Surveyor | Investment
Associate Partner | Investment
Green & Partners understand our needs and continually exceed expectations.
abrdn
Thorough, tenacious, practical in their outlook and approach but above all they get results.
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
Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.
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
Green & Partners uses cookies to improve your experience. By continuing to use the site you are accepting our use of cookies. To find out more please click here .