Bishopswood Parade Bishopswood Road, Tadley, RG26

Summary

Retail Investment for Sale

Location

Tadley is a thriving town within the Reding/Basingstoke/Newbury triangle, 9 miles north of Basingstoke on the A340. Bishopswood Road is a residential road with good access to the main thoroughfares of Mulford Hill via Franklin Avenue.

Bishopswood Parade is a popular neighbourhood parade with generous off street car parking in front of it. There are a mixture of uses on site and the property serves a large residential area.

Description

Bishopswood Parade is a terrace of 10 units plus 1 standalone unit. Above the units there is a 2 storey block of flats. Some of the units have the benefit of rear loading/yards. All the shop units have been fitted out by the individual occupiers.

The premises is let on various leases, details of which appear on the attached schedule.

We have been informed that the property has not been elected for VAT.

Busy local parade

Mixture of national and local covenants

Currently let to 5 tenants and 3 long leaseholds

Good onsite parking

106 years left on peppercorn ground lease