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Investment For Sale Reading
PROPERTY ID: 124457
PROPERTY TYPE
Investment
STATUS
Available
SIZE
815 sq.ft
Key Features
Property Details
For Sale
Freehold Commercial Investment Property – Ground Floor Only
Circa. 815sq.ft - Business Unaffected
28 Farnham Drive, Caversham Park Village,
Reading, Berkshire,
RG4 6NY
Location
The property is situated in a parade of 11 shops serving surrounding residential areas with a large car park.
Property
The ground floor Freehold Investment Property (total size approx. 815sq.ft / 76M²) comprises-
Ground Floor- Restaurant (approx.525sq.ft./49M²). Commercial Kitchen (approx.290sq.ft/27M²). Customer toilets x 2. Access, fire exit and bin area at rear.
Rental Income
The property, we are informed, is let on a 20 year Full Repairing and Insuring lease with about 13 years remaining. The tenant is trading very successfully as an Authentic Nepalese Restaurant. Current rent is £13,800 per annum (£1150 per calendar month) and is subject to 5 year reviews.
Notes
Rateable Value- £9,700 – Tenant responsible for rates.
EPC Rating- D-76 (expires 2029).
About the Agent
A H Lansley Ltd
See Agent's Other PropertiesGround Floor Investment For Sale
£229,950 Freehold
28 Farnham Drive, Reading, RG4 6NY
Investment -
Available
815 sq ft
76 sqm
Enquiry Form
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