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Charvil Service Station New Bath Rd 1,940 SF Retail Building Reading RG10 9RL $3,425,842 ($1,765.90/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Freehold Investment Opportunity
- Strong trading location, being highly accessible fronting the A4 (New Bath Road)
- Low passing rent £164,248 per annum, subject to rent review on 21 June 2026 at a fixed increase to £167,533 per annum
- Co-op branded convenience store, together with Texaco branded forecourt
- Let to TG Convenience Stores Limited, expiring 20 June 2027
EXECUTIVE SUMMARY
The property incorporates an Texaco branded forecourt, together with a Co-op branded shop of approximately 1,940 sq. ft., including storage, together with forecourt
services including parcel lockers, ATM and Laundrette. The sales area is well-stocked with a variety of convenience goods and amenities, including a Costa Express machine,
lottery and off-licence. The fuel forecourt has a 3m high canopy and accommodates 6 islands with a total of 48 pumps, providing a selection of regular/ premium unleaded and regular/supreme diesel grades of fuel. The site trades 5am-12am, 7 days a week. The property is held freehold under Title Number BK174, available for £2,575,000 at a Net Initial Yield of 6%.
services including parcel lockers, ATM and Laundrette. The sales area is well-stocked with a variety of convenience goods and amenities, including a Costa Express machine,
lottery and off-licence. The fuel forecourt has a 3m high canopy and accommodates 6 islands with a total of 48 pumps, providing a selection of regular/ premium unleaded and regular/supreme diesel grades of fuel. The site trades 5am-12am, 7 days a week. The property is held freehold under Title Number BK174, available for £2,575,000 at a Net Initial Yield of 6%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Service Station
Building Size
1,940 SF
Building Class
C
Year Built
1980
Price
$3,425,842
Price Per SF
$1,765.90
Cap Rate
6%
NOI
$205,551
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.50 AC
Parking
6 Spaces (3.09 Spaces per 1,000 SF Leased)
Frontage
70’ on New Bath Road
AMENITIES
- 24 Hour Access
- Corner Lot
- Storage Space
- Monument Signage
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NEARBY MAJOR RETAILERS
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Charvil Service Station | New Bath Rd
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