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5-7 High St 1,000 - 2,319 sq ft Retail Units Offered at £150,000 - £275,000 Per Unit in Thatcham RG19 3JG
Investment Highlights
- Fully Leased Units
- Good Transport Connections
- Central Location in Thatcham
Executive Summary
The property is situated on Thatcham High Street close to its junction with The Broadway. Nearby occupiers include Newbury Building Society, Co-op, Henwick Properties and Costa Coffee.
Property Facts
| Total Property Size | 3,718 sq ft | Floors | 1 |
| Property Type | Retail | Typical Floor Size | 3,718 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1960 |
| Costar Property Class | C | Total Plot Size | 0.16 ac |
| Total Property Size | 3,718 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | C |
| Floors | 1 |
| Typical Floor Size | 3,718 sq ft |
| Year Built | 1960 |
| Total Plot Size | 0.16 ac |
3 Units Available
Unit 5
| Unit Size | 1,000 sq ft | Unit Use | Retail |
| Price | £150,000 | Sale Type | Investment |
| Price Per sq ft | £150.00 | Tenure | Freehold |
| Unit Size | 1,000 sq ft |
| Price | £150,000 |
| Price Per sq ft | £150.00 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
Description
The property comprises a two storey property in the main which comprises a ground floor retail unit with first floor storage space. The ground floor includes main retail space with display frontage.
Sale Notes
The guide price sought is £150,000.
The property is let to Mohan & Surinder Sangra assigned to Debu & Laxmi Pun in 2019. The lease is for 15 years from 29th September 2016 expiring 28th September 2031. The rent passing is £14,500 per annum exclusive. The lease has a rent review due in September 2026.
Unit 5a
| Unit Size | 1,200 sq ft | Unit Use | Retail |
| Price | £170,000 | Sale Type | Investment |
| Price Per sq ft | £141.67 | Tenure | Freehold |
| Unit Size | 1,200 sq ft |
| Price | £170,000 |
| Price Per sq ft | £141.67 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
Description
The property comprises a two storey property in the main which comprises a ground floor retail unit with first floor flat only useable by the tenant. The ground floor includes main retail space with display frontage trading as a takeaway unit.
Sale Notes
The guide price sought is £170,000.
The property is let on assignment to Xiangda Ltd. The lease is for 15 years from 24th June 2023 expiring 23rd June 2038. The rent passing is £16,500 per annum exclusive. The lease has a rent review due in June 2026 and every 3 years thereafter.
Unit 7-7a
| Unit Size | 2,319 sq ft | Unit Use | Retail |
| Price | £275,000 | Sale Type | Investment |
| Price Per sq ft | £118.59 | Tenure | Freehold |
| Unit Size | 2,319 sq ft |
| Price | £275,000 |
| Price Per sq ft | £118.59 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
Description
The property comprises a two storey property in the main which comprises a ground floor restaurant and first floor flat used by the tenant. The ground floor includes main restaurant, kitchen, WC's with storage space to the rear.
Sale Notes
The guide price sought is £275,000.
The property is let to Xiangda Ltd on assignment. The lease is for 10 years from 25th March 2019 expiring 24th March 2029. The rent passing is £26,500 per annum exclusive. The lease has 3 yearly rent reviews. The landlord holds a rent deposit of £21,500.
Nearby Major Retailers
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5-7 High St
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