Mixed-Use Investment Property in Reading with 8% Yield
Reading, Berkshire
- Status
FOR SALE
- Advert ID
633173
- Reference
HERG1 / Rightbiz
- Call Agent:
- Freehold: £499,000
- Turnover: On request
- Profit: On request
Key Features
- Prime Location
- Offers Invited
Business Details
FREEHOLD PROPERTY WITH IMPRESSIVE YIELD OF AROUND 8% READING
š¢ Prime Mixed-Use Investment Opportunity in the Heart of Reading ā High Yield & Versatile Potential!
Galaxy Real Estate is delighted to introduce this freehold mixed-use gem located on the bustling Southampton Street, right in the vibrant center of Reading.
Whether you're an investor seeking strong returns or an owner-occupier looking for a flexible space in a prime location, this property offers the perfect blend of income, opportunity, and location.
š Key Highlights:
Strong Rental Income:
Currently fully let and generating a robust Ā£40,800 per annum ā that's an impressive yield of around 8%!
Vacant Possession Option:
Prefer to use the space yourself? The property can be offered with vacant possession upon completion.
Versatile Mixed-Use Layout:
Ground Floor Basement:
Let to a massage parlor, providing stable commercial income.
First Floor:
Two self-contained studio flats with kitchens and bathrooms ā perfect for rental income or staff accommodation.
Second Floor:
An additional bedroom, offering extra flexibility or living space.
Unbeatable Location:
Just minutes from Reading town center, placing you close to shops, restaurants, supermarkets, and excellent transport links.
š Investorās Dream or Ideal Owner-Occupier Property
This is a rare opportunity to acquire a high-yielding, centrally located property with built-in income and plenty of future potential ā whether you're looking to expand your portfolio or create a personalized live/work space.
Enquiries & Viewings:
If you would like to enquire or book an appointment please contact us:
| Sivi Babbar | 07865974908 | | [email protected]
Contact Agent
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring Ā£1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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