Prime Freehold Commercial Property on Caversham Road, Reading – Ideal High Yield Investment Opport
Reading, BerkshireAsking Price: £495,000
Status:
SOLD
Date Submitted:
15/02/25
Advert ID:
2566
Reference:
DR1638 / Rightbiz
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Business Details
Freehold Commercial Mixed-Use Investment Property For Sale in Caversham Road, Reading, Berks
Rare Freehold Mixed-Use Investment Opportunity – Fully Let with Strong Yield
A prime freehold commercial investment property on sought-after Caversham Road, Reading, offering a fully let mixed-use premises with an excellent rental yield of 8.04%.
- Ground Floor: Established café & catering business on a new 10-year lease at £18,000 per annum.
- First & Second Floors: Spacious three ensuite bedroom self-contained flat let at £23,400 per annum (inclusive of utilities). Walking Distance to Caversham and Reading Town Centres.
- Total Rental Income: £41,400 per annum.
This highly visible and well-positioned investment benefits from long-term tenants, strong income, and minimal void risk. A fantastic opportunity for investors seeking a high-yielding, low-maintenance property in a thriving area close to Reading town centre.
Rental Income - Currently
Ground Floor Shop: £18,000 per annum
First & Second Floor Flat: £23,400 per annum - including Utilities
Total Combined Rental Income: £41,400 per annum
ROI – Rental Yield – 8.04% - Excellent Investment. Additionally, it is our opinion that the flat offers scope for further income potential, subject to necessary planning permissions, by letting ensuite rooms separately as an HMO. With individual room lets achieving approximately £850 per month, there is significant potential to increase the rental yield even further.
EPC Rating Flat: C-78 – Valid Until 19th April 203
EPC Ratin Shop – B-47 (Valid until 16th February 2035)
📞 Viewing by appointment only – Contact Lansley Commercial: 0118 959 0271
Price: £495,000 Freehold – Don’t miss this rare opportunity!
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