Freehold commercial investment in Caversham producing £13,800 per annum, with an established Nepalese restaurant tenant and approximately 11 years remaining on a Full Repairing and Insuring lease.
The 815 sqft ground-floor unit is arranged as a restaurant with a seating area, fully fitted commercial kitchen and customer WC facilities. Additional features include rear access, a fire exit and bin storage. The tenant is responsible for repairs and rates under the FRI lease, reducing ongoing landlord responsibilities.
Situated within an established neighbourhood retail parade in Caversham Park Village, the property serves a densely populated residential catchment. The parade accommodates a variety of local occupiers and benefits from a large communal car park, providing convenient customer parking.
The property is let on a 20-year Full Repairing and Insuring lease with approximately 11 years remaining. Current rental income is £13,800 per annum, with rent reviews every five years, providing an established income-producing commercial investment.
Offered freehold at £225,000. Enquiries are encouraged for further investment and lease information and to arrange a viewing.
