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Investment
Investment For Sale Reading
PROPERTY ID: 132957
PROPERTY TYPE
Investment
STATUS
Available
SIZE
1,227 sq.ft
Key Features
Close to Reading Town Centre
Fully Let - Generating a solid annual income of £20,000
Good Rent - £1,667 per month
Established Business - Good Tenant - Reliable Income Stream
Full Repairing and insuring lease - passing on repairs responsibility onto the Tenant
Open Yard at the rear with storage and rear (side) access.
Property Details
FOR SALE FREEHOLD COMMERCIAL MIXED-USE INVESTMENT PROPERTY
Ground Floor Hot Food Takeaway with 3-Bedroom Self-Contained Flat Above
Address
2 Highgrove Street, Reading, Berkshire, RG1 5EN
Key Features
- Location Corner premises on a busy road near Reading Town Centre, adjacent to a thriving local parade of shops.
- Shop Fully let Chinese takeaway (approx. 13‘8&rdquo x 13‘7&rdquo), with commercial kitchen and storeroom.
- Residential Fully Let Self-contained 3-bedroom flat across two floors with gas central heating.
- Tenure Let on a 14 Year Full Repairing & Insuring Lease. Dated 2nd July 2018 to 1st July 2032.  Current rental income of £20,000 per annum. – incorporating both Shop and Flat.
- EPC Rating Shop D-83 (valid until 2027), Flat D-64 (valid until 2032).
- Rateable Value £5,200 (tenant responsible for rates and utilities).
- Rent Paid Quarterly.
Asking Price £275,000
Contact
Lansley Commercial | Tel 0118 959 0271 | Ref DR.1621
Don't miss this fully let investment opportunity with excellent rental income potential!
About the Agent
A H Lansley Ltd
See Agent's Other PropertiesFREEHOLD COMMERCIAL MIXED-USE INVESTMENT PROPERTY
£275,000 Freehold
2 Highgrove Street, Reading, RG1 5EN
Investment -
Available
1,227 sq ft
114 sqm
Show phone number