Commercial Mixed Use Investment Property in Tilehurst – Reduced Price
Overview
Description
FOR SALE – FREEHOLD COMMERCIAL MIXED-USE INVESTMENT PROPERTY – GROUND FLOOR SHOP WITH SELF-CONTAINED 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 / E Class Commercial Unit. Office.
First Floor:- Flat accessed through side door at the front of the Shop:- Living Room. Kitchen. Bedroom. Bathroom. Currently sub-let by tenant.
OUTSIDE
Garage. Covered area to side of building used to display outdoor garden products. Storage Area. Bin area. Rear access.
PERMITTED USE
Class A1 / E Class (current operator:- independent hardware store).
EPC RATING
C-68
RATEABLE VALUE
£6,600
RENTAL INCOME
The property is let on a Full Repairing & Insuring Lease for a term of 10 years from 25th February 2014 expiring on the 24th February 2024 at a current rent £18,000 per annum (£1,500 per calendar month). Last review 2019.
PRICE:- £255,000 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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