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5-7 High St 1,000 - 2,319 SF Retail Condo Units Offered at $202,437 - $371,135 Per Unit in Thatcham RG19 3JG
Investment Highlights
- Fully Leased Units
- Good Transport Connections
- Central Location in Thatcham
Executive Summary
The property is situated on Thatcham High Street close to its junction with The Broadway. Nearby occupiers include Newbury Building Society, Co-op, Henwick Properties and Costa Coffee.
3 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
The property comprises a two storey property in the main which comprises a ground floor retail unit with first floor storage space. The ground floor includes main retail space with display frontage.
Sale Notes
The guide price sought is £150,000.
The property is let to Mohan & Surinder Sangra assigned to Debu & Laxmi Pun in 2019. The lease is for 15 years from 29th September 2016 expiring 28th September 2031. The rent passing is £14,500 per annum exclusive. The lease has a rent review due in September 2026.
The property is let to Mohan & Surinder Sangra assigned to Debu & Laxmi Pun in 2019. The lease is for 15 years from 29th September 2016 expiring 28th September 2031. The rent passing is £14,500 per annum exclusive. The lease has a rent review due in September 2026.
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
The property comprises a two storey property in the main which comprises a ground floor retail unit with first floor flat only useable by the tenant. The ground floor includes main retail space with display frontage trading as a takeaway unit.
Sale Notes
The guide price sought is £170,000.
The property is let on assignment to Xiangda Ltd. The lease is for 15 years from 24th June 2023 expiring 23rd June 2038. The rent passing is £16,500 per annum exclusive. The lease has a rent review due in June 2026 and every 3 years thereafter.
The property is let on assignment to Xiangda Ltd. The lease is for 15 years from 24th June 2023 expiring 23rd June 2038. The rent passing is £16,500 per annum exclusive. The lease has a rent review due in June 2026 and every 3 years thereafter.
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
The property comprises a two storey property in the main which comprises a ground floor restaurant and first floor flat used by the tenant. The ground floor includes main restaurant, kitchen, WC's with storage space to the rear.
Sale Notes
The guide price sought is £275,000.
The property is let to Xiangda Ltd on assignment. The lease is for 10 years from 25th March 2019 expiring 24th March 2029. The rent passing is £26,500 per annum exclusive. The lease has 3 yearly rent reviews. The landlord holds a rent deposit of £21,500.
The property is let to Xiangda Ltd on assignment. The lease is for 10 years from 25th March 2019 expiring 24th March 2029. The rent passing is £26,500 per annum exclusive. The lease has 3 yearly rent reviews. The landlord holds a rent deposit of £21,500.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 5 | 1,000 SF | Retail | $202,437 ($202.44/SF) | - |
| Unit 5a | 1,200 SF | Retail | $229,429 ($191.19/SF) | - |
| Unit 7-7a | 2,319 SF | Retail | $371,135 ($160.04/SF) | - |
Unit 5
| Unit Size |
| 1,000 SF |
| Condo Use |
| Retail |
| Price |
| $202,437 ($202.44/SF) |
| NOI |
| - |
Unit 5a
| Unit Size |
| 1,200 SF |
| Condo Use |
| Retail |
| Price |
| $229,429 ($191.19/SF) |
| NOI |
| - |
Unit 7-7a
| Unit Size |
| 2,319 SF |
| Condo Use |
| Retail |
| Price |
| $371,135 ($160.04/SF) |
| NOI |
| - |
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Unit 5
| Unit Size | 1,000 SF |
| Condo Use | Retail |
| Price | $202,437 ($202.44/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| The property comprises a two storey property in the main which comprises a ground floor retail unit with first floor storage space. The ground floor includes main retail space with display frontage.</li></ul> | |
| Sale Notes | |
| The guide price sought is £150,000.<br> <br> The property is let to Mohan & Surinder Sangra assigned to Debu & Laxmi Pun in 2019. The lease is for 15 years from 29th September 2016 expiring 28th September 2031. The rent passing is £14,500 per annum exclusive. The lease has a rent review due in September 2026.</li></ul> |
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Unit 5a
| Unit Size | 1,200 SF |
| Condo Use | Retail |
| Price | $229,429 ($191.19/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| The property comprises a two storey property in the main which comprises a ground floor retail unit with first floor flat only useable by the tenant. The ground floor includes main retail space with display frontage trading as a takeaway unit.</li></ul> | |
| Sale Notes | |
| The guide price sought is £170,000.<br> <br> The property is let on assignment to Xiangda Ltd. The lease is for 15 years from 24th June 2023 expiring 23rd June 2038. The rent passing is £16,500 per annum exclusive. The lease has a rent review due in June 2026 and every 3 years thereafter.</li></ul> |
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Matterport 3D Exterior
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Street
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Unit 7-7a
| Unit Size | 2,319 SF |
| Condo Use | Retail |
| Price | $371,135 ($160.04/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| The property comprises a two storey property in the main which comprises a ground floor restaurant and first floor flat used by the tenant. The ground floor includes main restaurant, kitchen, WC's with storage space to the rear.</li></ul> | |
| Sale Notes | |
| The guide price sought is £275,000.<br> <br> The property is let to Xiangda Ltd on assignment. The lease is for 10 years from 25th March 2019 expiring 24th March 2029. The rent passing is £26,500 per annum exclusive. The lease has 3 yearly rent reviews. The landlord holds a rent deposit of £21,500.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 3,718 SF | Floors | 1 |
| Property Type | Retail | Typical Floor Size | 3,718 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1960 |
| Building Class | C | Lot Size | 0.16 AC |
| Total Building Size | 3,718 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 3,718 SF |
| Year Built | 1960 |
| Lot Size | 0.16 AC |
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Nearby Major Retailers
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5-7 High St
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