Investment for sale Caversham, Reading RG4 6NY,815sq ft

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Investment

Investment For Sale Reading

PROPERTY ID: 124457

PROPERTY TYPE

Investment

STATUS

Available

SIZE

815 sq.ft

Key Features

Free Parking

Established Tenant - Restaurant Operator

Close to Reading

Property Details

For Sale

Freehold Commercial Investment Property – Ground Floor Only

Circa. 815sq.ft - Business Unaffected

28 Farnham Drive, Caversham Park Village,

Reading, Berkshire,

RG4 6NY

Location

The property is situated in a parade of 11 shops serving surrounding residential areas with a large car park.

Property

The ground floor Freehold Investment Property (total size approx. 815sq.ft / 76M²) comprises-

Ground Floor- Restaurant (approx.525sq.ft./49M²). Commercial Kitchen (approx.290sq.ft/27M²). Customer toilets x 2. Access, fire exit and bin area at rear.

Rental Income

The property, we are informed, is let on a 20 year Full Repairing and Insuring lease with about 13 years remaining. The tenant is trading very successfully as an Authentic Nepalese Restaurant. Current rent is £13,800 per annum (£1150 per calendar month) and is subject to 5 year reviews.

Notes

Rateable Value- £9,700 – Tenant responsible for rates.

EPC Rating- D-76 (expires 2029).

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About the Agent

Lansley Commercial

See Agent's Other Properties

Ground Floor Investment For Sale

£229,950 Freehold

28 Farnham Drive, Reading, RG4 6NY

Investment - Available
815 sq ft
76 sqm

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