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Maiden Lane Centre Maiden Ln

24,428 SF 96% Leased Retail Building Reading RG6 3HD $5,703,422 ($233/SF) 7.94% Cap Rate

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.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
24,428 SF
Building Class
B
Year Built
1983
Price
$5,703,422
Price Per SF
$233
Cap Rate
7.94%
NOI
$452,852
Percent Leased
96%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.02
Land Acres
0.55 AC
Frontage
12 FT on Maiden Lane

Amenities

  • Raised Floor
  • Security System
  • Signage

Space Availability

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

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

Shop 1

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

Shop 1

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

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.

  • Listing ID: 33865015

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: Maiden Ln, Reading RG6 3HD

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