Income-producing freehold mixed-use investment in Reading comprising two ground-floor commercial units and two self-contained studio flats, with potential gross rental income of approximately £36,600 per annum.
The 1,442 sqft property combines established commercial and residential accommodation, creating multiple rental income streams within a single freehold investment. The ground floor comprises an established barber shop and a fitted Caribbean takeaway, while the first floor provides two independently accessed self-contained studio flats.
Occupying a prominent position on one of Reading’s principal arterial routes, the property benefits from strong passing vehicular and pedestrian traffic and convenient access to Reading town centre, the M4, A33, University of Reading and Royal Berkshire Hospital. The surrounding area combines established residential neighbourhoods with independent and national retailers.
The barber shop produces £9,600 per annum and the takeaway is understood to produce approximately £9,600 per annum. The rear studio flat is currently let at £700 per calendar month, while the vacant front studio is considered capable of achieving approximately £750 per calendar month. Based on these figures, potential gross rental income is approximately £36,600 per annum, subject to confirmation of tenancy documentation and letting the vacant flat. Further potential exists to enhance rental income through refurbishment, re-letting and proactive management.
Offered freehold at £425,000, subject to the existing occupational leases and tenancies. This represents an opportunity to acquire a diversified commercial and residential investment in a prominent Reading location. Enquiries are encouraged for further information.
