Reading Link, Reading , RG2 0SN
Ref No. JLLATC70036
For Sale, Investment

Location Reading Link, Rose Kiln Lane, Reading , RG2 0SN, Berkshire, South East

Description

Reading is located within the Royal County of Berkshire in the south of England and is the economic and administrative capital of the Thames Valley, located 40 miles west of London, 25 miles south east of Oxford and 16 miles north east of Basingstoke.

The town has a thriving business community and an affluent primary catchment population of 692,000.

Reading Link Retail Park is located on the A33 dual carriageway, one mile south of Reading town centre. The A33 is the main arterial road connecting the town centre with the M4 motorway at Junction 11.

Reading Link Retail Park has recently undergone substantial refurbishment and redevelopment to create six units totalling 69,083 sq ft.

The property is let on six FRI leases with a WAULT of 9.5 years.

The property produces a total income of £1,082,537.50 per annum, with relatively low rents reflecting £13.04 to £17.39 per sq ft.

Property Type Retail - Out of Town, Retail - Warehouse

Initial Yield 6.00%

Property Contacts:

  • Jonathan Perkins
    +44 (0) 20 7087 5376
  • Guy Harris +44 (0)207 399 5371
Property Location:



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