Co-Op Food, Woodcote - 2 Bridle Path, Woodcote, South Oxfordshire, RG8 0SE

Reading, RG8 0SE

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Co-Op Food, Woodcote - 2 Bridle Path, Woodcote, South Oxfordshire, RG8 0SE
Price £1,388,500
Rent (pa) £84,665
Yield 5.75%

Investment Summary

  • Prime neighbourhood convenience store in affluent town in South Oxfordshire
  • Prominently situated on a main road, centrally located in the town.
  • Primary foodstore and convenience offering for the local catchment
  • Total gross internal area of 5,273 sq ft
  • Let to Co-operative Group Food Limited for a term of 15 years wef 13th September 2019, expiring 12th September 2034 (9.9 years unexpired)
  • Low current rent of £84,665 per annum (£16.05 psf)
  • 5 yearly rent reviews in line with CPI (collared and capped at 1–3%) with the next review in September 2029
  • Tenant option for a further 15 years at expiry until 12th September 2049
  • Freehold
Town Reading
Postcode RG8 0SE
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