Longfield Road, Twyford

OIEO £800,000 Available
  • Row of 4 retail units
  • Current income of £58,500
  • 7.3% Yield
  • Desirable Twyford location
  • Communal parking

Reading Estate Agent are pleased to present a parade of four retail units in Twyford totalling 4605 square feet, Sitting below five residential maisonettes and available with ample communal parking this is a rare opportunity to purchase all retail units and the current leases. Built in 1984, the units are located just 1 miles from Twyford rail station which will become part of the Elizabeth line Crossrail link to London in December 2019.

Unit 1 (2284 sq. ft.) trading as a convenience store with approximately 10 years remaining on the lease.

Unit 1A (859 sq. ft.) trading as a pharmacy with 25 years lease remaining.

Unit 2 (736 sq. ft.) trading as a beauty salon with 19 years lease remaining.

Unit 3 (726 sq. ft.) trading as a hair salon with 14 years lease remaining.

All units currently generating a combined income of £58,500 per annum with additional £300 per annum ground rent income from the above residential units.



Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

EIR Chart

The Environmental Impact Rating is a measure of a home's impact on the environment in terms of carbon dioxide (C02) emissions - the higher the rating, the less impact it has on the environment.