• Reading is a large, affluent town in the South East of England and is the administrative and commercial centre of Berkshire and the wider Thames Valley, located 40 miles west of Central London.

• The Town benefits from superb connectivity following the opening of the Elizabeth Line, which provides direct services to Bond Street, Liverpool Street, Canary Wharf and Heathrow Airport.

• The property occupies a prime trading location at the junction of Broad Street and Chain Street, one of the main routes to Broad Street from The Oracle.

• Rare opportunity to acquire a large city centre holding comprising 57,051 sq ft (5,300 sq m) of accommodation.

• Anchored by Barclays Bank who renewed their lease for a further 10 years ,effective April 2025.

• Let to well-known national retailers, including Slaters, Bravissimo, Blacks Outdoor, Up & Running, Blue Banana and Castle Fine Art.

• Current net operating income of £848,511 per annum.

• Strong tenant retention and robust occupational demand, evidenced by the recent renewal (2025) of Barclays, letting to Blue Banana and Bravissimo regear.

• WAULT of c.6.24 years to Expiry and c.4.40 years to break.

• Freehold.

Our clients are seeking offers in excess of £9,000,000(Nine Million Pounds),subject to contract and exclusive of Vat, which reflects a net initial yield of 8.84%,after allowing for standard purchaser’s costs. The price reflects a low capital value of £158 per sq ft.