2 Highgrove Street, Reading, RG1 5EN
1,227 Sq Ft / Other / Investment
For Sale
- £275,000.00
Available - Last updated: 22 November 2024
FOR SALE: FREEHOLD COMMERCIAL MIXED-USE INVESTMENT PROPERTY
Ground Floor Hot Food Takeaway with 3-Bedroom Self-Contained Flat Above
Address:
2 Highgrove Street, Reading, Berkshire, RG1 5EN
Key Features:
- Location: Corner premises on a busy road near Reading Town Centre, adjacent to a thriving local parade of shops.
- Shop: Fully let Chinese takeaway (approx. 13’8” x 13’7”), with commercial kitchen and storeroom.
- Residential: Fully Let Self-contained 3-bedroom flat across two floors with gas central heating.
- Tenure: Let on a 14 Year Full Repairing & Insuring Lease. Dated 2nd July 2018 to 1st July 2032. Current rental income of £20,000 per annum. – incorporating both Shop and Flat.
- EPC Rating: Shop D-83 (valid until 2027), Flat D-64 (valid until 2032).
- Rateable Value: £5,200 (tenant responsible for rates and utilities).
- Rent Paid Quarterly.
Asking Price: £275,000
Contact:
Lansley Commercial | Tel: 0118 959 0271 | Ref: DR.1621
Don't miss this fully let investment opportunity with excellent rental income potential!
Property Quote Price(s)
Description | Sale type | Guide price | Price type |
|
For Sale Freehold
|
£275,000.00
| NA |
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