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Mixed-Use Freehold Investment: Commercial Units And Flats In Reading For Sale

Reading, Berkshire, UK
Asking Price:
£425,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

An excellent opportunity to acquire a mixed-use freehold investment comprising two ground floor commercial units and two self-contained studio flats. The commercial accommodation comprises an established barber shop and a well-fitted Caribbean takeaway with commercial kitchen, extraction system and a timber-framed rear preparation area, whilst the residential accommodation is accessed independently via a separate side entrance. The property produces income from both the commercial and residential elements and offers scope to enhance future returns through refurbishment, re-letting and proactive management, making it an attractive proposition for investors seeking a well-balanced mixed-use asset.

The investment is arranged to provide two ground floor commercial units, each let on separate Full Repairing and Insuring (FRI) leases, together with two self-contained studio flats on the first floor, each let on 6-month Assured Shorthold Tenancy (AST) agreements. The residential accommodation is all-electric and benefits from individual coin-operated electricity meter systems, providing separate metering for each flat and ease of management.*Mixed-use freehold investment comprising two commercial units and two self-contained flats.

  • Prominent position on the busy Shinfield Road with excellent frontage and passing traffic.
  • Established barber shop and Caribbean takeaway producing multiple income streams.
  • Separate access to the residential accommodation, providing two self-contained flats.
  • Opportunity to enhance rental income over time.

Property Information

Property:

Freehold

Location:

The property occupies a prominent position on the busy Shinfield Road (A327), one of Reading's principal arterial routes linking the town centre with Junction 11 of the M4 motorway and the A33. The surrounding area is well established, comprising a mix of residential neighbourhoods, independent retailers and national occupiers. Opposite the property is a prominent retail parade including Tesco Express, KFC and other well-known businesses, generating strong levels of passing vehicular and pedestrian traffic. Reading town centre, the University of Reading and the Royal Berkshire Hospital are all within easy reach, making this an attractive location for both commercial occupiers and residential tenants.

Size in square feet:
1,400
Member ? This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.

This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.