Mixed Use Freehold Investment Property With Shop and Flat on Highgrove Street Reading
Reading, BerkshireAsking Price: £259,950
Status:
SOLD
Date Submitted:
10/06/25
Advert ID:
2966
Reference:
1621dr / Rightbiz
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Business Details
Freehold Commercial Mixed-Use Investment Property on Highgrove Street, Reading
Freehold Commercial Mixed-Use Investment Property
Ground Floor Shop with 3 Bedroom Self-Contained Flat Above
Fully Let – Good Rental Income
Highgrove Street – Reading – Berkshire
Circa. 1227sq.ft / 114M²
Premises
Shop – Hot Food Chinese Takeaway Business (approx. 13’8” x 13’7”). Double Fronted Corner Unit. Commercial Kitchen adjoining (approx. 14’ x 9’4”). Storeroom (approx. 20’ x 9’4”). Cloakroom (wash basin & toilet).
Outside:- Small Open Yard with side access.
Living Accommodation:- Private side entrance to Self-Contained Flat on two floors above. First Floor - Room One (approx. 13’2” x 10’ with gas fired boiler - currently divided by stud work partition). Bathroom. Second Floor - Two Bedrooms (approx. 13’3” x 9’5” & 10’11” x 8’8” - each with radiator). Gas fired central heating - not tested.
Main Services installed.
EPC Rating
D -83 – 1 September 2027
Rateable Value
£5,200
Rental Income
The property is let on a Full Repairing & Insuring Lease on the whole property (shop and Flat) for a term of 14 years expiring on the 1st July 2032 at a current rent £15,000 per annum (£1,250 per calendar month). 3 yearly rent reviews - next review date 1st April 2027.
Key Features
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