141 Reading Rd
Wokingham RG41 1HD
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Freehold public house
- Beneath a pitched and hipped roof
- Two storey detached building
EXECUTIVE SUMMARY
Available for £640,000, 7% NIY.
The entire property is let to two private individuals on a 20 year lease from 1stNovember 2012 at a current rent of £47,200 per annum which is subject to five yearly open market reviews.
The entire property is let to two private individuals on a 20 year lease from 1stNovember 2012 at a current rent of £47,200 per annum which is subject to five yearly open market reviews.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
811 SF
Year Built
1900
Price
$828,500
Price Per SF
$1,021.58
Cap Rate
7%
NOI
$57,995
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.45 AC
Parking
18.5 Spaces per 1,000 SF Leased
