Overview
Description
FOR SALE – FREEHOLD COMMERCIAL MIXED-USE INVESTMENT PROPERTY – GROUND FLOOR SHOP WITH ONE BED FLAT ABOVE – SCHOOL ROAD, TILEHURST, READING, BERKS
LOCATION
The property is ideally located on a busy road in a local centre in the village of Tilehurst, a well sought trading location.
PREMISES
Ground Floor:- Single Fronted A1 Commercial Unit. Workshop / Office. Kitchenette / Storage. Cloakroom.
First Floor:- Flat accessed through the shop. Kitchen. Living Room. Bedroom. Shower Room. Currently sub-let by tenant.
OUTSIDE
Two Storage Units. One parking space. Bin area. Rear access.
PERMITTED USE
Class A1 / E Class (current operator – shoe repairs, key cutting, engraving, etc.).
EPC RATING
D-96
RATEABLE VALUE
£4,600
RENTAL INCOME
The property is let on a Full Repairing & Insuring Lease for a term of 12 years ending 31st August 2025 at a current rent £14,800 per annum (£1,233.33 per calendar month). Rent deposit held by Landlord – £6,300. Last review date 1st September 2021 (not implemented).
PRICE:- £240,000 FREEHOLD
Location Details:
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
Listed By:
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