Prime town centre retail and leisure investment

Swindon Wokingham is an affluent town in central Berkshire situated 39 miles west of central London. It sits between the larger towns of Reading and Bracknell. The Property is fully let to a modern Nuffield Health fitness centre with pool, The Gig House, Giggling Squid and Energie Fitness. The property comprises a 170+ space multi-storey car park operated under a management agreement with NCP. The Seller has recently completed car park upgrade works spending over £1.7m. The property also includes the uppers which comprise office units let on a long lease to Wokingham Borough Council at a peppercorn rent. There are also 6 residential flats which are included in the ownership, these are sold off on long-leasehold. The service charge budget for the property is £262,123.38 per annum equating to £4.33 psf.