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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)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £275,000.00 NA

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Commercial Department

Lansley Commercial

0118 336 0135



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