Property unavailable This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings. Show similar properties Please note we do not have names or contact details of anyone currently occupying this building we are also unable to provide details of the agents that posted the original advert with us. If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com If you would like to know if this, or any similar property comes back or on to the market please click here to get updates by email. Street view 2 Gun Street, Reading, RG1 2JR 1,200 Sq Ft / Retail / Investment Sold - Last updated: 06 March 2025 FOR SALE - Price Reduced. Rental Income £25,000 per annum - 7% Return on Investment LONG LEASEHOLD (999 YEARS) COMMERCIAL INVESTMENT PROPERTY ON THREE FLOORS BUSINESS UNAFFECTED 2 GUN STREET,READING, BERKSHIRE, RG1 2JR LOCATION - The property is situated in a busy, well established part of Reading occupying a prominent position on Gun Street and within close proximity to The Oracle Shopping Centre and a short walk to Broad Street and Reading Railway Station.LONG LEASEHOLDThe property is held on a 999 year term commencing 16th November 1993.NOTESRateable Value:- £35,500 - tenant is liable for rates VIEWING Strictly by prior arrangement with Messrs A H Lansley - 0118 959 0271.PRICE:- £357,500 LONG LEASEHOLD - Reduced Price - Open to OffersTerms The property is sub-let as a whole and trades as an Hair and Beauty Salon. The sub-lease (within the Act) is for a term of 15 years (commencement date 27June 2012) and is subject to 5 year reviews. Current rent £25,000 per annum, i.e.£2083 per calendar month. ROI - 7% Currently. Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist