INVESTMENT - FOR SALE - 4,188 SQ.FT This charming period property offers an excellent mixed use investment opportunity.
37-39 Denmark Street is let to Heirs of Sanpa Limited until July 2025 with a tenant break option in 2020. Passing rent of £50,000pa, Upward only Rent Review to market value in June 2020.
41 Denmark Street is let to Denmark Street Barbers Ltd for 10 years from 5th May 2016 with a tenant break option after 5 years. Passing rent of £25,000pa, Upward only Rent Review to market value in May 2021.
41a Denmark Street which is a large self contained flat over 1st and 2nd floors is let on a 12 month Assured Shorthold Tenancy at £1,000pcm.
The property is very well located close to the centre of the affluent market town of Wokingham in Berkshire. It is faces the main entrance to the busy Denmark Street car park just a couple of minutes walk from the Market Place and a short walk from the railway station that serves Reading and London Waterloo.
NOTE: These particulars are intended only as a guide to prospective Tenants to enable them to decide whether to make further enquiries with a view to taking up negotiations but they are otherwise not intended to be relied upon in any way for any purpose whatsoever and accordingly neither their accuracy nor the continued availability of the property is in any way guaranteed and they are furnished on the express understanding that neither the Agents nor the Vendors are to be or become under any liability or claim in respect of their contents. Any prospective Tenant must satisfy himself by inspection or otherwise as to the correctness of the particulars contained.