70-72 Broad Street, Reading, RG1
Long let, high yielding, South East investment.
Located in a strong position on Broad Street, Reading’s prime retailing location.
Two retail units arranged over three floors and totalling 3,566 sq ft (331.29 sq m).
WAULT of 9.26 years to expiry and 4.09 years to break.
Paul’s second bakery outside of Greater London.
Topped up net income of £94,750 per annum.
99 Year Long Leasehold expiring 23rd June 2057.
Pricing of £800,000 (Eight Hundred Thousand Pounds), Subject to Contract & Exclusive of VAT, which reflects the following yield profile:
Net Initial Yield: 11.61%
Reversionary Yield: 12.94%
Contact
Please contact us for further information regarding any of the acquisitions on our site.
Jamie Baruch
07889 085 112
jamiebaruch@tydusre.com
Freddie Dade
07929 321 709
freddiedade@tydusre.com
Will Elphinstone
07876 131 346
willelphinstone@tydusre.com