Freehold Retail Investment
Freehold Retail Investment
Pangbourne is an affluent Berkshire town, some 6 miles north-west of Reading. The property occupies a prominent position on The Square in the heart of the town centre. Nearby occupiers include Costa, Co-op, Vision Express and Oxfam.
Freehold.
Pangbourne is an affluent Berkshire town, some 6 miles north-west of Reading. The property occupies a prominent position on The Square in the heart of the town centre. Nearby occupiers include Costa, Co-op, Vision Express and Oxfam.
Freehold.
The property comprises a ground floor retail unit with first floor ancillary accommodation. At the rear of the site is a detached store and adjoining garage.
VAT is not applicable to this lot.
Band D. Available to download at acuitus.co.uk
The property comprises a ground floor retail unit with first floor ancillary accommodation. At the rear of the site is a detached store and adjoining garage.
VAT is not applicable to this lot.
Band D. Available to download at acuitus.co.uk
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reversion | |
|---|---|---|---|---|---|---|---|
| Ground First |
Retail/Store Ancillary |
96.64 sq m 52.33 sq m |
(1,040 sq ft) (563 sq ft) |
WH SMITH RETAIL HOLDINGS LIMITED (1) |
5 years from 21/03/2019 | £20,800 | 20/03/2024 |
| Total |
148.97 sq m |
(1,603 sq ft) |
£20,800 | ||||
(1) For the year ending 31 August 2018, WH Smith Retail Holdings Limited reported a turnover of £180,610,000, pre-tax profits of £115,766,000 and a total net worth of £440,313,000 (Source: Experian Group 16/01/2020). Established in 1792, WHSmith started out as family-run newsagents and now has over 600 stores on the high street and another 600+ stores at airports, train stations, hospitals and motorway services (Source: www.whsmith.co.uk 16/01/2019).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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