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7 Blagrave St 2,259 SF Retail Building Reading RG1 1PJ $2,037,863 CAD ($902.11 CAD/SF)

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Investment Highlights

Freehold asset combining income-producing and redevelopment potential
High visibility and footfall within an established commercial and vibrant urban setting

Prime central Reading location near railway station and major town amenities

Executive Summary

Freehold mixed-use investment in Reading town center comprising a ground floor commercial unit and 5-bedroom guest house generating £44,000 annual income. Planning permission approved (on appeal) for a substantial redevelopment including façade retention, delivering approximately 14 self-contained studio apartments with kitchenettes plus ground floor commercial space. Existing guest house includes fixtures, fittings, and operational setup, allowing immediate trade continuation. Flexible commercial element currently operated as café without formal lease, offering options for re-use or re-letting. Positioned near Reading railway station with strong connectivity, high footfall, and established commercial surroundings for exceptional redevelopment potential and increased income opportunity.

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