High Yielding Retail Investment
156-162 Crockhamwell Road,
Woodley,
Reading,
RG5 3JH
£475,000
2 September 2025
GUIDE PRICE
AUCTION DATE
High Yielding Retail Investment Double Retail Unit Let to HK Superstores Lease Expires 10.11.2041 Upper Parts Sold Long Leasehold Prominent Pedestrianised Pitch Forms Part of a Popular Local Parade Investment Let at £50,000 p.a. (10.53% GIY on Guide Price) Description The property comprises a high yielding mixed-use investment forming part of a popular local parade and benefitting from a prominent pedestrianised pitch. Arranged as 2 x ground floor retail units (upper parts sold off long leasehold) the property is let on a single lease to HK Superstores Limited on a lease with 16 years unexpired (expiring 10.11.2041) and paying £50,000 per annum. The upper parts comprise 2 x maisonettes that are sold off on a long leasehold basis. The property forms part of a popular local parade with a prominent frontage to the pedestrianised heart of Woodley, an affluent suburb of Reading. The parade forms the principal retail amenity for Woodley and is characterised by a number of national retailers including Costa, Iceland, Boots and Waitrose.
156 Crockhamwell Rd, Woodley, RG5
Guide Price
£475,000
Auction Date
2 Sep 2025
Time
09:00
Lot
99
Venue
Online
Auctioneer
Savills
Savills
33 Margaret Street, London, W1G 0JD
07974 841 346
About Savills
Savills is a leading global real estate service provider. As auctioneers with over a century of combined experience and tens of thousands of successful sales, Savills has the expertise to give the right advice for the current market.