1 Station Road, Reading, RG

  • Long income restaurant investment let to Wendy’s Restaurants of UK Limited until October 2040 (TOB break 2035 with 9 month penalty)

  • Current rent passing of £117,500 pa with five yearly rent reviews to the higher of RPI (cap and collar of 1.5% – 3%) or OMV

  • Virtual Freehold

  • Arranged over ground floor and basement only measuring approximately 2,775 Sq Ft (Uppers floors are not included in the sale)

  • Wendy’s is the world’s third largest hamburger fastfood chain with circa 6,700 restaurants in 30 countries

  • Recently comprehensively refurbished to a high standard

  • Lease benefits from a guarantee from Wendy’s International, LLC

  • Price £2,000,000, this price reflects a net initial yield of 5.53%, after purchaser’s costs of 6.29%1

1 Station Road, Reading, RG1

Contact

Please contact us for further information regarding any of the sales on our site.

Jamie Baruch
07889 085 112
jamiebaruch@tydusre.com

Will Elphinstone
 07876 131 346
willelphinstone@tydusre.com