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56 Prospect St 1 646 pi² Commerce de détail Immeuble Reading RG4 8JL 734 665 $ CAD (446,33 $ CAD/pi²)
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Corner Position
- Established Location
- Prominent Caversham Location – Busy retail parade near Caversham Bridge and Reading town centre.
- Mixed-Use Investmemt
- Fully Let Freehold Mixed-Use Investment – Shop with two residential flats above.
- Established Commercial Tenant – Long-standing dry-cleaning business in occupation.
RÉSUMÉ DE L'ANNONCE
A fully let freehold mixed-use investment property comprising:
Ground Floor Commercial: (circa. 625sq.ft) A fully let freehold mixed-use investment property comprising an established dry-cleaning business operating from the ground floor. The unit benefits from a double-fronted shop frontage, W.C., small kitchenette, and rear access to the bin area and to the self-contained upper flat.
Commercial Lease: 12-year FRI Lease from 9th June 2020 until 8th June 2032. Current Rental Income: £13,000 per annum (£1,083 per month). 4 Year Rent reviews - June 2024 (not yet enacted) & June 2028) Rent Paid Quarterly – 3 month Rent Deposit (£3,250). Inside the L&T Act 1954. No Break Clause.
Upper Parts (Residential): Originally configured as a single three-bedroom flat, the upper accommodation is currently arranged and let as two separate units — a one-bedroom flat (first floor) and a studio flat (second floor).
First Floor 1 Bedroom Flat: Comprising a good-sized living room, fitted kitchen, and one double bedroom. Rental Income: £8,400 per annum (£700 per month)
Second Floor Studio: Comprising kitchen, living room, and one bedroom. Rental Income: £8,400 per annum (£700 per month).
Total Rental Income: £2483 pcm / £29,800 p.a. – incl. gas -separate electricity (pay as you go) submeters and water covered by tenants.
This attractive freehold mixed-use investment offers a stable and fully let income stream from both commercial and residential tenants in a highly desirable and established retail location. PRICE:- £395,000 FREEHOLD
Ground Floor Commercial: (circa. 625sq.ft) A fully let freehold mixed-use investment property comprising an established dry-cleaning business operating from the ground floor. The unit benefits from a double-fronted shop frontage, W.C., small kitchenette, and rear access to the bin area and to the self-contained upper flat.
Commercial Lease: 12-year FRI Lease from 9th June 2020 until 8th June 2032. Current Rental Income: £13,000 per annum (£1,083 per month). 4 Year Rent reviews - June 2024 (not yet enacted) & June 2028) Rent Paid Quarterly – 3 month Rent Deposit (£3,250). Inside the L&T Act 1954. No Break Clause.
Upper Parts (Residential): Originally configured as a single three-bedroom flat, the upper accommodation is currently arranged and let as two separate units — a one-bedroom flat (first floor) and a studio flat (second floor).
First Floor 1 Bedroom Flat: Comprising a good-sized living room, fitted kitchen, and one double bedroom. Rental Income: £8,400 per annum (£700 per month)
Second Floor Studio: Comprising kitchen, living room, and one bedroom. Rental Income: £8,400 per annum (£700 per month).
Total Rental Income: £2483 pcm / £29,800 p.a. – incl. gas -separate electricity (pay as you go) submeters and water covered by tenants.
This attractive freehold mixed-use investment offers a stable and fully let income stream from both commercial and residential tenants in a highly desirable and established retail location. PRICE:- £395,000 FREEHOLD
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Ancienneté
Pleine propriété
Sous-type de propriété
Commerce pied immeuble
Taille du bâtiment
1 646 pi²
Classe d’immeuble
C
Année de construction
1970
Prix
734 665 $ CAD
Prix par pi²
446,33 $ CAD
Location
Unique
Hauteur du bâtiment
3 étages
Coefficient d’occupation des sols de l’immeuble
0,94
Taille du lot
0,04 AC
Façade
30’ sur Prospect Street
COMMODITÉS
- Système de sécurité
1 1
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56 Prospect St
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