31-41 Clayhill Rd
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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.
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
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31-41 Clayhill Rd
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