Investment Properties for sale in Reading

View the "FOR SALE - VALUABLE FREEHOLD INVESTMENT - READING, BERKS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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S Martin (Feb 2013)
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Freehold Price: £850,000
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Business Description
A commanding property prominently sited on a busy main road some ½ mile west from Reading Town Centre, Berkshire.

PREMISES

Ground Floor:- Shop / Training Centre (circa 1,035sq.ft.). Ladies, Gents & Disabled Cloakroom. Let on a rolling 3 year lease to Charity Group:- £11,500 p.a.

First Floor:- A. Self-Contained One Bed Flat. Let on an Assured Shorthold Tenancy @ £795pcm = £9,540 p.a.

B. Two Office / Store Room with potential for conversion to Studio Flat (subject to P/P) = £7,000 p.a. (potential)

Second Floor:- Self-Contained One Bed Flat. Let on an Assured Shorthold Tenancy @ £795pcm = £9,540 p.a.

Third Floor:- Self-Contained One Bed Flat. Let on an Assured Shorthold Tenancy @ £750pcm = £9,000 p.a.

TOTAL (ACTUAL + POTENTIAL) GROSS INCOME:- £46,580 P.A.
Tenure: Freehold

Listed by: A H LANSLEY
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DR.1421
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