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An opportunity to acquire the Freehold interest of this c.765 sq ft mixed use property in Henley-on-Thames.
The property is in a corner parade of shops on Reading Road, close to the river, and train station.
The property consists of a retail unit let to a florist, on a lease expiring 16 August 2028.
The first floor consists of a two-bedroom maisonette, which is let on an AST, expiring 4 January 2025.
Not elected for VAT.
Total Rental income of £26,100 pa (excl). Increasing to £26,600 pa from 17 August 2024.
Opportunity to acquire the Freehold interest of mixed us property in Henley-on-Thames. Ground floor let to a florist, on a lease expiring 2028. Upper floors comprise a 2-bed maisonette let on an AST.
The property consists of a ground floor retail unit, which extends to c.243 sq ft. The tenant also leases the next-door unit (69 Reading Road) and the units are connected internally via an archway. The residential unit is a 2-bed maisonette which has been recently refurbished. The unit has its own separate entrance around the back of the property. The unit has been let fully furnished.
Tenancies:
The retail unit is let on a 10-year lease from 17 August 2018 expiring 16 August 2028. There are tenant only break options on the 3rd and 6th anniversary of the lease, with 6 months’ prior written notice. Outside the provisions of the Landlord and Tenant Act 1954.The residential unit is let on an AST expiring 4th January 2025. Total Rental income as of 17 August 2024 £26,600 pa Excl.
Location:
The property is located in a parade of shops on the corner of Reading Road and Station Road. Close to the river and Henley Train Station. Henley-on-Thames is a vibrant market town on the River Thames. It has an abundance of independent shops, a selection of national chains and a thriving range of restaurants, bistros, cafes, and pubs.
Location
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