130-134 Crockhamwell Road, Woodley, Reading, RG5 3JH

The property comprises a high yielding mixed-use investment forming part of a popular local parade and benefitting from a prominent pedestrianised pitch. Arranged as a double fronted retail unit to the ground floor (and a small area to the first floor at the rear) with 2 x two bedroom maisonettes to the upper parts, the property is fully let to three tenants and producing a total rent of £119,400 per annum. The ground floor is let to Peacocks Stores Properties Limited t/a Peacocks on a recently extended lease expiring 21.10.2029 and paying £90,000 per annum. The upper parts include separate accesses from the rear and are let on two separate Assured Shorthold Tenancy Agreements producing £14,400 per annum and £15,000 per annum respectively. Please see the tenancy schedule and legal pack for more information. The property forms part of a popular local parade with a prominent frontage to the pedestrianised heart of Woodley, an affluent suburb of Reading. The parade forms the principal retail amenity for Woodley and is characterised by a number of national retailers including Costa, Iceland, Boots and Waitrose.