Log In/Sign Up
Your email has been sent.
16-16A Norcot Rd 2,067 SF 100% Leased Retail Building Reading RG30 6BU $654,356 CAD ($316.57 CAD/SF) 3.14% Cap Rate
Investment Highlights
- Good road connections
- Close to residential
- Amenities nearby
Executive Summary
Mixed-use commercial freehold comprising 2 premises. The property provides both secure income and further potential. 16 Norcot Road is let to beautician, £11,000 p.a. rental income. 16A Norcot Road is vacant, 2-storey office, ERV £18,000 p.a. In addition, the site may offer a future development opportunity (subject to planning) for conversion to residential or mixed-use accommodation.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
2,067 SF
Building Class
B
Year Built
1919
Price
$654,356 CAD
Price Per SF
$316.57 CAD
Cap Rate
3.14%
NOI
$20,565 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.79
Lot Size
0.06 AC
Frontage
33’ on Norcot Road
Amenities
- Security System
- Storage Space
1 1
Nearby Major Retailers
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
16-16A Norcot Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.