Investment Properties for sale in Reading

View the "FOR SALE - FREEHOLD MIXED USE INVESTMENT PROPERTY - SHOP / OFFICE PREMISES (A1 / A2 / SUI GENERIS USE) WITH SELF-CONTAINED TWO BED FLAT ABOVE & YARD / PARKING AT REAR WITH DEVELOPMENT POTENTIAL (SUBJECT TO PLANNING PERMISSION)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

FOR SALE - FREEHOLD MIXED USE INVESTMENT PROPERTY - SHOP / OFFICE PREMISES (A1 / A2 / SUI GENERIS USE) WITH SELF-CONTAINED TWO BED FLAT ABOVE & YARD / PARKING AT REAR WITH DEVELOPMENT POTENTIAL (SUBJECT TO PLANNING PERMISSION)

Reading, Berkshire, England

  • Freehold Price: £450,000
  • Under Offer
Seller Reference: DR.1515
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: DR.1515
Request Details
Business Description
FOR SALE - FREEHOLD MIXED USE INVESTMENT PROPERTY - SHOP / OFFICE PREMISES (A1 / A2 / SUI GENERIS USE) WITH SELF-CONTAINED TWO BED FLAT ABOVE & YARD / PARKING AT REAR WITH DEVELOPMENT POTENTIAL (SUBJECT TO PLANNING PERMISSION)

LOCATION

Located in busy main road parade just off the A329 and close to Cemetery Junction in Reading.

PREMISES

Ground Floor:- Single Fronted Shop. Kitchenette. Toilet.

First Floor:- Self Contained Flat. Rear Entrance. Living Room. Fitted Kitchen. Bathroom. Separate Toilet. Two Bedrooms. Requires refurbishment.

OUTSIDE

Rear Yard with development potential subject to planning Permission. Parking for approx. four cars.

EPC

Ground Floor:- C-72. Flat:- Awaiting Survey.

RENTAL INCOME

Ground Floor:- Currently let to Corals Betting Shop Group on a Full Repairing & Insuring Lease at a rent of £14,000 per annum (Expires June 2022). Currently not trading.

First Floor:- Self Contained Two Bedroom Flat (currently vacant) with considered rental value of circa £800 per calendar month - £9,600 per annum.

Advertising Side Wall Panel:- Earning £1,000 per annum.

Total Actual / Potential Gross Income:- £24,600 per annum

GUIDE PRICE:- £450,000 FREEHOLD
Tenure:
Freehold
Is accommodation included?:
Living Room. Fitted Kitchen. Bathroom. Separate Toilet. Two Bedrooms. Requires refurbishment.
Number of bedrooms:
2
Location Details:
Located in busy main road parade just off the A329 and close to Cemetery Junction in Reading.
Listed by:
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