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