Property Details

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&rdquo x 13‘7&rdquo), 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 £295,000

Contact
Lansley Commercial | Tel 0118 959 0271 | Ref DR.1621

Don't miss this fully let investment opportunity with excellent rental income potential!