RG30 20 Upton Road, Tilehurst, Reading

Freehold tenanted industrial unit and communications site investment opportunity available to buy in Reading

The property comprises a site containing a semi-detached light industrial / warehouse unit with offices, a trade counter, WCs and self-contained yards to the side and rear. The property also comprises a

communications site providing a telephone mast.

- 5 metre minimum eaves height (apex: 6.25m)

- 3 phase electricity

- 2x Electric level access loading doors

- Trade Counter

- Offices and 2x WCs

- HGV access

The warehouse is let to SIG Trading Ltd (Reg company no. 01451007) on a lease dated 20th December 2023.

- Term: 10 years, commencing on 8th December 2023 and ending on 7th December 2033.

- Tenant only break clause dated 8th December 2028 (subject to 6 months notice).- Passing Rent: £56,560 per annum exclusive

- U/O Rent Review to OMR on 5th anniversary

- Inside the Security of Tenure Provisions of the Landlord and Tenant Act 1954.

- Full repairing and insuring terms.

The communications site (telephone mast) is operated by EE Ltd (Reg company no. 02382161) and Hutchinson 3G UK Ltd (Reg company no. 03885486) via a 10 year code agreement.

- Currently producing £3,000 per annum exclusive

- 5 yearly RPI linked rent review.

The property is situated within an established industrial area within Tilehurst, 2.2 miles west of Reading town centre.

Vehicular access is good with roads suitable for HGV access. Junction 11 and Junction 12 of the M4 are 4.6 miles south east and 3.2 miles south west respectively.

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