Instructions

HOWDENS, 14-16 EASTHAMPSTEAD ROAD, BRACKNELL

SOLD

Details:

Disposal of freehold trade counter investment.

  • Bracknell is a major Thames Valley commercial centre, benefitting from the recent town centre regeneration.
  • The property occupies a strategic location in the town with excellent access to the motorway network.
  • Easthampstead Road is recognised as one of the leading locations for trade counter occupiers.
  • Entirely let to the strong covenant of Howden Joinery until September 2028.
  • The rent of £108,000pa was recently agreed on review and reflects only £7.29psf.
  • Offers sought in excess of £1,800,000, subject to contract and exclusive of VAT, reflecting a net initial yield of 5.65% and a capital value of £122psf.

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