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14 Reading Rd S 839 SF 100% Leased Retail Building Fleet GU52 7QL $248,385 ($296.05/SF)



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.
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
Storefront Retail/Residential
Building Size
839 SF
Building Class
B
Year Built
1931
Price
$248,385
Price Per SF
$296.05
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.48
Lot Size
0.04 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Adrian Collins Limited
- -
- -
- -
- -
- Bathtimes
- -
- -
- -
- -
- Fleet Scoop
- -
- 752 SF
- -
- Dec 2023
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Adrian Collins Limited | - | - | - | - | ||
| Bathtimes | - | - | - | - | ||
| Fleet Scoop | - | 752 SF | - | Dec 2023 |
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NEARBY MAJOR RETAILERS
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14 Reading Rd S
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