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AGENT'S DETAILS


14 Reading Road South - Investment

For sale: POA|752 Sq Ft|Other, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
SIZE752 Sq Ft
ADDRESS14 Reading Road South - Investment, Fleet, GU52 7QL
TYPEOther, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON11th April 2020

DESCRIPTION

Key Points

  • Let Retail Unit
  • Parking to rear
  • Excellent Visibility
  • Uppers Sold Off
  • Summary

    A well let retail investment in a prominent location. The upper parts have been sold off on long leases.

    Description

    The property comprises a lock up retail unit with one parking space. The main retail area extends to 752 sq.ft. and there is generous ancillary accommodation of 126 sq.ft. which provides 2x wc's and a small kitchenette.

    Location

    The subject property is located at the junction with Fleet Road giving a prominent position and excellent visibility to passing traffic. Fleet itself is close to Junction 4A of the M3 motorway providing fast access to Heathrow Airport (28 miles) and Gatwick Airport (50 miles) as well as London, the M25 and the wider motorway network.

    Terms

    The property is offered for sale on a freehold basis with the benefit of the current occupational lease and the 2 long leases of the flats.

    Promo

    Freehold Retail Invest

    Occupational Lease

    The retail unit is let to Fleet Scoop, a zero waste product retailer. The lease is for a term of 5 years from January 2019 with a rent review and tenant break at the 3rd anniversary. The current rent is £15,600. Further details are available on request.

    LOCATION

    Location: 14 Reading Road South - Investment, Fleet, GU52 7QL

    Fleet (1.0 miles)

    Winchfield (2.7 miles)

    Farnborough (Main) (4.1 miles)

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