Investment Property Auction Reading RG1 £1,700,000
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Property Types
Auction date: Thu, 03/11/2022 - 13:00
Prominent freehold retail investment with vacant second floor. Majority let on a re-geared lease expiring 2037 (subject to option). RPI linked 5 yearly rent reviews (1% collar and 3% cap). Residential conversion potential of the vacant second floor (subject to consents). Approximately 9,154 sq ft (850.41 sq m). Pedestrianised town centre location. Rent £141,000 per annum exclusive.
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