Language and Region
Currency

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.

Email*

Please enter a valid email address.

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

Send me a copy

948 characters remaining

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!

Maiden Lane Centre Maiden Ln

24,428 SF 96% Leased Retail Building Reading RG6 3HD £4,500,000 (£184/SF) 7.94% Net Initial Yield

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Executive Summary

We have been instructed to seek offers of £4,500,000 (Four Million Five Hundred Thousand Pounds) Subject to Contract & Exclusive of VAT, which reflects a Net Initial Yield of 7.94% allowing for graduated purchaser’s costs.

Brochure

Property Facts

Sale Type

Investment

Property Type

Retail

Tenure

Freehold

Property Subtype

Storefront Retail/Office

Building Size

24,428 SF

Building Class

Year Built

1983

Price

£4,500,000

Price Per SF

£184

Net Initial Yield

7.94%

NOI

£357,300

Percent Leased

96%

Tenancy

Multiple

Number of Floors

Building FAR

1.02

Land Acres

0.55 AC

Frontage

12 ft on Maiden Lane

Amenities

Raised Floor

Security System

Signage

Space Availability

Shop 1
789 SF
Retail
In-Line
Now

1/2

Maiden Ln, Reading for sale Interior Photo- Image 1 of 2 — Interior Photo

Maiden Ln, Reading for sale Interior Photo- Image 2 of 2 — Interior Photo

Shop 1 offers 872 sq.ft of retail space on the ground floor. Shop 5 is available by way of new lease is available direct from the landlord on terms to be agreed.

Space	Size	Space Use	Position	Available
Shop 1	789 SF	Retail	In-Line	Now

Size

789 SF

Space Use

Retail

Position

In-Line

Available

Now

1 of 2

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1/2

1 of 1

Listing ID: 33865015
Date on Market: 14/11/2024
Last Updated:
Address: Maiden Ln, Reading RG6 3HD

1 of 4