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14 Reading Rd S 839 sq ft 100% Let Retail Property Fleet GU52 7QL £185,000 (£220.50/sq ft)

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INVESTMENT HIGHLIGHTS

  • Ground Floor Retail Investment

EXECUTIVE SUMMARY

This well-presented ground floor property is fitted to a good standard, with a full-width retail area at the front that narrows toward the rear. To the left are two storage rooms and access to ancillary space, including male and female WCs and a kitchenette. A rear door leads to an external area with one parking space and bin storage, accessed via St James Road.

The property is just off Fleet Road, near its junction with Reading Road South, close to occupiers like Herbies Pizza, Gurkha Inn, and David French Furnishings. Gurkha Square car park is 0.1 miles away, and Harts Shopping Centre is 0.3 miles away.

Fleet, in Hampshire, is 35 miles southwest of London with direct rail services to Waterloo and easy access to the M3 via Junction 4a (under 3 miles away).

The premises is currently occupied on a new lease agreed March 2024 for a term of 15 years at a current passing rent of £13,000 per annum. This lease includes a Landlord friendly break on the 5th year of the term.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
839 sq ft
Costar Property Class
B
Year Built
1931
Price
£185,000
Price per sq ft
£220.50
Occupancy Rate
100%
Number of Floors
2
Plot ratio
0.48
Total Plot Size
0.04 ac

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE END
  • Adrian Collins Limited
  • -
  • -
  • -
  • -
  • Bathtimes
  • -
  • -
  • -
  • -
  • Fleet Scoop
  • -
  • 752 sq ft
  • -
  • Dec 2023
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE END
Adrian Collins Limited - - - -
Bathtimes - - - -
Fleet Scoop - 752 sq ft - Dec 2023

NEARBY MAJOR RETAILERS

Anytime Fitness
Starbucks
Costa Coffee
Coffee #1
ASDA
Waitrose & Partners
Morrisons
Sainsbury's
Barclays
Natwest
  • Listing ID: 37860002

  • Date on Market: 16/05/2025

  • Last Updated:

  • Address: 14 Reading Rd S, Fleet GU52 7QL

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