SOLD
21/01/26
3586
Dr1674 / Rightbiz
For Sale – Two Freehold Lock-Up Garages, Caversham, Reading
Price: £32,000
An opportunity to acquire two freehold lock-up garages, currently let to an established local business, situated off Thames Avenue, Caversham, within very close proximity to the River Thames.
The garages provide secure parking / storage accommodation only and benefit from a shared forecourt and established access. The property produces a current income of £1,480 per annum, which we consider to be slightly under market levels, offering potential for future rental growth. The existing tenant may wish to renew the lease on expiry on 4th January 2026
Ideal for private investors or owner-occupiers seeking a low-maintenance freehold asset in a strong residential location.
Key Highlights:
Viewing strictly by appointment via Lansley Commercial.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.