Investment.

Reading.

Maiden Lane Centre, RG6 3HD

Map View

Status.

Available

Price.

£4,500,000 (Subject to Contract and Exclusive VAT)

Location.

The premises are located in Maiden Place which sits within a largely residential area in Lower Earley with the main entrance from Kilnsea Drive leading to a large car park.

Description.

Featuring a largely two-storey development around a small open square, the centre boasts a series of retail units at ground level with either commercial studios or residential units at first floor level constructed from brick and concrete.

The opportunity offers a versatile mix of 13 retail units, 1 leisure unit, and 5 commercial studios. On the upper parts of the retail spaces are 11 one and two bedroom flats, providing an attractive residential component. Additionally, the property benefits from two car parks totalling 250 spaces, which tenants have the legal right to use at all times and in perpetuity, although these car parks are not included in the site’s ownership.

Rent.

£380,934.35 per annum exclusive

Tenure.

Freehold

Yield.

A net initial yield of 7.94%.

Share.

All viewings are strictly by prior appointment.

Will Civil.

Surveyor | Investment

Jonny Gooch.

Associate Partner | Investment

Ed Smith.

Partner | Investment

What Our Clients Say.

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