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Convenience Store Investment Berkshire SL5
Auction Date
09 July 2024
Guide Price
£730,000
Property Summary
Guide Price £730,000. Convenience store investment. The property comprises a substantial ground floor convenience store with a prominent corner frontage and with the benefit of car parking for 8 cars. Let on a new lease until May 2038 (no breaks). Benefits from 5 yearly rent reviews linked to the Consumer Price Index (CPI), subject to a minimum of 1% per annum compounded and a maximum of 3% per annum compounded. Significant road frontage. Total floor area of approx 239.04 sq m (2,573 sq ft). Prominent location in highly affluent area. VAT free investment. Rent £47,500 per annum exclusive.
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