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Investment Highlights

  • Three-storey mid-terrace building with ground floor retail and upper floor storage
  • Located 0.2 miles from Reading Railway Station and 0.6 miles from Reading West Station
  • Basement, first, and second floors provide additional space

Executive Summary

The property comprises a three-storey mid-terrace building providing ground floor retail accommodation with storage space on basement, first and second floors. The property is located close to both Reading Railway Station (0.2 miles) and Reading West Railway Station (0.6 miles). The nearby A329 provides direct access to Junction 11 of the M4 Motorway.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 90-91
  • 1,711 SF
  • Retail
  • $1,038,043 CAD ($606.69 CAD/SF)
  • -
Sale Type Investment
Tenure Freehold
Description
Freehold mixed-use property in the heart of Reading, arranged over four floors with ground floor commercial space and upper floors benefiting from planning consent for residential conversion. The building extends to approximately 2,938 sq ft and is currently offered with vacant possession.
Sale Notes
Planning permission granted to create two 2-bedroom maisonettes across the basement, first, and second floors while retaining ground floor commercial accommodation. A compelling opportunity for developers, investors, or owner-occupiers seeking long-term potential in a well-connected town centre location.
Unit Unit Size Condo Use Price NOI
Unit 90-91 1,711 SF Retail $1,038,043 CAD ($606.69 CAD/SF) -

Unit 90-91

Unit Size
1,711 SF
Condo Use
Retail
Price
$1,038,043 CAD ($606.69 CAD/SF)
NOI
-

Unit 90-91

Unit Size 1,711 SF
Condo Use Retail
Price $1,038,043 CAD ($606.69 CAD/SF)
NOI -
Sale Type Investment
Tenure Freehold
Description
Freehold mixed-use property in the heart of Reading, arranged over four floors with ground floor commercial space and upper floors benefiting from planning consent for residential conversion. The building extends to approximately 2,938 sq ft and is currently offered with vacant possession.</li></ul>
Sale Notes
Planning permission granted to create two 2-bedroom maisonettes across the basement, first, and second floors while retaining ground floor commercial accommodation. A compelling opportunity for developers, investors, or owner-occupiers seeking long-term potential in a well-connected town centre location.</li></ul>

Property Facts Sale Pending

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 4,409 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Building Class B
Floors 4
Typical Floor Size 1,102 SF
Year Built 1920
Lot Size 0.11 AC

Amenities

  • Bus Line
  • Storage Space

Nearby Major Retailers

F45
Caffè Nero
Costa Coffee
Black Sheep Coffee
Starbucks
Sainsbury's
Metro Bank
Santander
HSBC
Boswells Cafe
  • Listing ID: 40611106

  • Date on Market: 2026-05-21

  • Last Updated:

  • Address: 89-91 Friar St, Reading RG1 1EL

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