The property comprises a former public house converted to a convenience store in 2011.
The site is rectangular amounting to approximately 0.15 hectares (0.37 acres) with frontage to Somerstown Court of 55m (180 ft) or thereabouts providing parking for at least 19 cars.
Location Description
Reading is situated in the Thames Valley some 37 miles west of London and has an estimated population of approximately 162,000.
The property is approximately 1 mile from the town centre close to the junction with the A4, Bath Road
Additional Notes
Let to Tesco Stores Limited for 20 years from 23rd June 2011 at a current passing rent of £67,857.14 p.a +VAT.
Reviews to RPI with 4% and 1% cap and collar.
Tenant break option at end of years 10 and 15. (June 2021 break not exercised).