Basic Facts
Property ID:
5301
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Post Updated:
2019-06-24 10:41:14
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Status:
Acquired
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Type:
Supermarket
|
Tenure:
Virtual Freehold
|
Gross Rent:
£ 60,000
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Lease Term:
20 years from Jun '18
|
VAT applicable:
Yes
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Property Description
- Virtual Freehold Blue-Chip Convenience Store.
- Brand new building within a recently completed development of 351 homes.
- Ground floor unit of circa 4,000 sq ft.
- 13 allocated customer parking spaces.
Location Description
- The property is on a prominent main road frontage in densely populated residential area with primary school nearby.
- Earley is situated under 3 miles from Reading town centre, just off the M4.
- Earley railway station is on the line from Reading to London Waterloo.
Additional Notes
- New 20 year lease from mid 2018 to Kenmare Estates (subsidiary of Mid Counties Co-Operative) with no breaks
Features
£1m - £5m
Attractive property
Blue-chip tenant
Customer car parking
Finance available
Lease term > 15 years
No Break clauses
Upwards Only Rent Reviews
Virtual Freehold