Property unavailable
This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings.
Please note we do not have names or contact details of anyone currently occupying this building
we are also unable to provide details of the agents that posted the original advert with us.
If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com
If you would like to know if this, or any similar property comes back or on to the market
please click here to get updates by email.
37-41 Denmark Street, Wokingham, RG40 2AY
4,188 Sq Ft / Other / Investment
Withdrawn - Last updated: 03 December 2021
Summary
This charming period property offers an excellent mixed use investment opportunity. 37-39 Denmark Street is a Grade II listed brick and timber building, let to Heirs of Sanpa Spanish restaurant. It benefits from a large modern kitchen extension, outside store and secluded courtyard for al fresco dining. 41 and 41a Denmark Street comprises a brick built property that lies within the conservation are but is not listed. 41 is let to Denmark Street Barbers Ltd. 41a is a large 2 double bedroom apartment with separate access.
Key Points
Charming Period PropertyClose to Denmark Street Car ParkWaking Distance to Train StationAffluent Market Town
Rental Income
37-39 Denmark Street - Let to Heirs of Sanpa Limited until July 2025 at a passing rent of £XXX per annum. Upward only rent review to market value in June 2020.
41 Denmark Street - Let to Denmark Street Barbers Ltd until May 2026, with a tenant break option in May 2021 at a passing rent of £XXX per annum. Upward only Rent Review to market value in May 2021.
41a Denmark Street - Let on an Assured Shorthold Tenancy at a rent of £XXX per calendar month.
EPC
37- 41 Denmark Street Band E - 116
41a Denmark Street Band D – 65
Legal Costs
Each party will be responsible for paying their own legal fees.
VAT
All figures quoted are exclusive of VAT which may be chargeable.
Location
The property is very well located close to the centre of the affluent market town of Wokingham. It 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.Terms
Available Freehold, subject to existing leases.
Email me updates about similar new properties
Show similar properties