Freehold mixed-use investment and development opportunity in Reading, offered with full vacant possession on completion.
The property comprises a ground-floor commercial unit, previously operated as a fish and chip takeaway, with spacious four-bedroom residential accommodation arranged across the two upper floors.
Suitable for investors, developers or owner-occupiers, the property offers scope to reopen the former commercial use or explore alternative uses, refurbishment and redevelopment opportunities, subject to the necessary consents and planning permission.
The property occupies a prominent main-road position in an area undergoing significant regeneration and development, providing potential to enhance the asset and its long-term value.
Viewings: Strictly by prior appointment through Lansley Commercial.
- Asking Price:
- £479,500
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
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Freehold
- Lease Terms:
-
The property is offered freehold with full vacant possession on completion.
- Location:
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Prominently positioned on a busy main road in Reading, benefiting from passing traffic and local footfall.
The property is well connected to Reading town centre, the University of Reading and the Royal Berkshire Hospital. The immediate area is undergoing significant regeneration and development.
- Premises Details:
-
Freehold mixed-use property comprising a ground-floor commercial unit formerly operated as a fish and chip takeaway, with four-bedroom residential accommodation arranged across the two upper floors.
The entire property is offered with vacant possession on completion and provides scope for refurbishment, repositioning or redevelopment, subject to planning permission and the necessary consents.
- Planning Consent:
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The property offers potential for alternative development, subject to planning permission. Reopening the former commercial use or pursuing alternative uses is subject to the necessary consents.
Business Operation
- Expansion Potential:
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Potential to enhance the property's value through refurbishment or redevelopment. The former commercial use may also be reopened, or alternative uses explored, subject to planning permission and all necessary consents.
- Competition / Market:
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The prominent main-road position benefits from passing traffic and local footfall, with convenient access to Reading town centre, the University of Reading and the Royal Berkshire Hospital.
