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Mixed-Use Freehold Investment With Two Shops And Two Studio Flats For Sale

Reading, Berkshire, UK
Asking Price:
£400,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Shinfield Road is offered as a mixed-use freehold investment opportunity comprising two ground floor commercial shop units with two studio flats above.

The property is understood to produce current income of £27,000 per annum, comprising two commercial rents of £9,600 per annum each and one occupied rear studio at £650 pcm. The front studio is currently vacant and may offer potential for further rental income, subject to market conditions, verification and any necessary compliance requirements.

The property may suit private investors, local property investors, pension/SIPP purchasers or buyers seeking a mixed-use income-producing freehold asset with potential for future asset management.

Lease, occupation, rent review, subletting, EPC, rates, compliance and title information should be verified by purchasers through their solicitor, surveyor and professional advisers before commitment.*Mixed-use freehold investment opportunity

  • Two ground floor commercial shop units
  • Two studio flats above
  • Current income u

Property Information

Property:

Freehold

Location:

Situated in an established mixed residential and commercial area of Reading, close to local amenities and surrounding residential catchment.

Shinfield Road provides access towards Reading town centre, the University area, local neighbourhood amenities and surrounding residential suburbs. The property’s position may appeal to investors seeking a local mixed-use freehold asset with existing income and future asset-management potential.

Applicants should satisfy themselves as to location, access, parking, services and suitability before making any commitment.

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.