This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

31-41 Clayhill Rd

6,084 SF 100% Leased Retail Building Reading RG7 3HF £1,600,000 (£263/SF) 7.42% Net Initial Yield

Investment Highlights

  • Serves a densely populated residential catchment area
  • 6 retail units and 3 flats across the 2 blocks
  • Burghfield Common Is located 5 miles west of Reading.

Executive Summary

Freehold income producing retail parade.
2 detached blocks spanning c. 8373 sq ft.
- 6 retail units and 3 flats across both blocks
Anchored by Co-Op on a term ending April 2039 (TBO 2034)
Future potential to develop the site.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
6,084 SF
Building Class
C
Year Built
1985
Price
£1,600,000
Price Per SF
£263
Net Initial Yield
7.42%
NOI
£118,720
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.22
Land Acres
0.64 AC
Parking
26 Spaces (4.27 Spaces per 1,000 SF Leased)
Frontage
124 ft on Clayhill Road
  • Listing ID: 34047341

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 31-41 Clayhill Rd, Reading RG7 3HF

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}