Investment Properties for sale in Reading

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VALUABLE FREEHOLD INVESTMENT PROPERTY – OXFORD ROAD, READING, BERKS

Reading, Berkshire, England

  • Freehold Price: £625,000  Price Reduced arrow_drop_down
Seller Reference: DR.1505
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Business Description
 
 
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Seller Reference: DR.1505
Request Details
Business Description
VALUABLE FREEHOLD INVESTMENT PROPERTY – OXFORD ROAD, READING, BERKS

A commanding property prominently sited on a busy main road some ½ mile west from Reading Town Centre, Berkshire.

Ground Floor:-

Shop / Training Centre (circa 1,035sq.ft.). Ladies, Gents & Disabled Cloakroom.
Let on a rolling 3 year lease to Charity Group @ £11,250 p.a.

First Floor:-

A. Self-Contained One Bed Flat (rear).
Let on an Assured Shorthold Tenancy @ £795pcm (£9,540 p.a.)

B. Two Office / Store Rooms (potential conversion to Studio Flat - subject to P/P).
Potential rent £575pcm (£6,900 p.a.)

Second Floor:-

Self-Contained One Bed Flat (front).
Let on an Assured Shorthold Tenancy @ £775pcm (£9,300 p.a.)

Third Floor:-

Self-Contained One Bed Flat (front).
Let on an Assured Shorthold Tenancy @ £795pcm (£9,540 p.a.)

ACTUAL / POTENTIAL GROSS RENTAL INCOME:- £46,530 P.A.

EPC Ratings:-

Ground Floor:- D - 92
Flat 1:- C-80
Flat 2:- E-42
Flat 3:- D-55

PRICE:- £625,000 FREEHOLD
Tenure:
Freehold
Location Details:
Prominently sited on a busy main road some ½ mile west from Reading Town Centre, Berkshire
Listed by:
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