406-412 London Rd | Reading RG6 1BJ
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- LoopNet Team
406-412 London Rd
Reading RG6 1BJ
M&S Simply Food · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Reading is the commercial capital of the Thames Valley and is situated approximately 37 miles west of Central London.
- Large affluent catchment with a 15-minute drive time population of 276,589 people and 37.6% of the population being in social grade AB.
- Purpose-built modern standalone foodstore extending to a GIA of 15,066 sq ft (1,399.7 sq m) and 92 car parking spaces.
- Excellent transport links with Reading station being the 2nd busiest in the UK outside of London providing direct services to Central London
- Site area of 1.42 acres (0.57 hectares) providing a low site coverage of 24.25%.
- Let on a FRI lease to Marks & Spencer Simply Foods Limited until 1st October 2033 providing 9.00 years unexpired.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
15,066 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2014
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.24
Lot Size
1.42 AC
Parking
92 Spaces (6.11 Spaces per 1,000 SF Leased)
Frontage
182’ on London Rd
AMENITIES
- Commuter Rail
- Dedicated Turn Lane
- Energy Performance Rating - B
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