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FOR SALE - FREEHOLD MIXED-USE INVESTMENT PROPERTY - SHOP / OFFICE PREMISES (A1 / A2 USE) WITH SELF-CONTAINED TWO BED FLAT ABOVE – OXFORD ROAD, READING, RG1 7PJ

Reading, Berkshire, England

  • Freehold Price: £375,000
Seller Reference: DR.1508
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Business Description
 
 
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Seller Reference: DR.1508
Request Details
Business Description
FOR SALE - FREEHOLD MIXED-USE INVESTMENT PROPERTY - SHOP / OFFICE PREMISES (A1 / A2 USE) WITH SELF-CONTAINED TWO BED FLAT ABOVE – OXFORD ROAD, READING, RG1 7PJ

LOCATION:

Located in busy main road parade approximately one mile west of Reading Town Centre.

PREMISES

Ground Floor:- Single Fronted Shop. Office to rear. Small Storeroom. Kitchenette. Toilet.

First / Second Floors:- Self Contained Flat. Ground Floor Entrance. Living Room. Fitted Kitchen. Bathroom. Separate Toilet. Two Bedrooms. Recently refurbished to high standard with some £10,000-£12,000 spent.

Outside - Rear. Small Yard.

EPC RATING

Ground Floor - D-93
Flat - E-41

RENTAL INCOME

Ground Floor:- Let on a Full Repairing & Insuring Lease to an Estate Agent. 10 years from 2016. Rent review due 2021. Current Rent - £13,200 per annum

First / Second Floors:- Self Contained Two Bedroom Flat. Currently vacant. Considered rental value circa £825 per calendar month - £9,900 per annum.

Total Potential Gross Income:- £23,100 per annum

PRICE:- £375,000 FREEHOLD
Tenure:
Freehold
Is accommodation included?:
Living Room. Fitted Kitchen. Bathroom. Separate Toilet. Two Bedrooms.
Number of bedrooms:
2
Location Details:
Oxford Road, Reading, RG1
Listed by:
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