11 High Street
Goring-on-Thames
Berkshire
RG8 9AT

Freehold Retail & Residential Investment

  • Prominent High Street location
  • Attractive commuter village on the Oxfordshire and Berkshire border
  • Adjacent to Goring Shopping Arcade
  • Let on a new 25 year lease expiring 2044 (no breaks)
  • VAT-free investment
  • Lot
    14
  • Auction
    11/Dec/2019
  • Rent
    £32,000 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price*
     
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
Important Auction & Property Update
  • 11 High Street<br>Goring-on-Thames<br>Berkshire<br>RG8 9AT
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* More information on the term "price" can be found here

Property Information

Location
Miles
4 miles north of Pangbourne
9 miles north-east of Reading
18 miles south of Oxford
50 miles west of London
Roads
A34, A417, M4
Rail
Goring & Streatley (approx 60 minutes to London Paddington via Reading)
Air
London Heathrow & Gatwick airports
Situation

Goring-on-Thames on the Oxfordshire and Berkshire border is located 9 miles north-east of Reading and 18 miles south of Oxford. The town benefits from good transport communications, being located between the M40 and M4 with Goring & Streatley railway station providing journey times to London Paddington via Reading of 60 minutes. The property is located on the south side of High Street, close to its junction with Cleeve Road, 450 metres west of the railway station and 400 metres east of the River Thames. The village's main car park is located 60 metres to the south of the property. There are a number of independent shops, cafés and restaurants nearby.

Tenure

Freehold.

Description

The property comprises a recently fitted out ground floor shop with a self-contained two bedroom flat above. The ground floor comprises a fish & chip takeaway and a separate taxi office.

VAT

VAT is not applicable to this lot.

EPC

See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReviews
Ground
First
Retail
Residential
108 sq m
2 bedroom flat
(1,165 sq ft)
INDIVIDUAL
t/a Riverside Fish
& Chips plus a
taxi office
25 years from
17/01/2019 expiring
16/01/2044 on a full
repairing and
insuring lease
£32,000 (1) (2)17/01/2023
and 4 yearly
Total
108 sq m
plus 2 bedroom flat
(1,165 sq ft)
  £32,000 

(1) Passing rent £30,000 rising to £32,000 from 17/01/2020. The seller has agreed to adjust completion monies so the unit will effectively produce £32,000 pa from completion of the sale.
(2) Rent deposit of £10,000 held.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    20.11.19
    File Size
    678 KB
    View PDF
  • Site Plan
    Updated Date
    20.11.19
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    20.05.20
    File Size
    694 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
Peter CunliffePeter Cunliffe +44 (0)20 7034 4852 +44 (0)7836 742834peter.cunliffe@acuitus.co.uk
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Seller's Solicitors
Harrison Clark Rickerbys Limited Suite 24, 100 Longwater Avenue, Greenpark
Reading
RG2 6GP
Claire Leyshon 0118 338 0815cleyshon@hcrlaw.com

Useful Links

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