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149-150 Friar St 5,500 SF Retail Condo Unit in Reading RG1 1EX
Investment Highlights
- Grade II listed building combining historic character with contemporary workspace design.
- Located approximately three minutes' walk from Reading Station and surrounding amenities.
- Prominent town centre position overlooking the junction of Friar Street and Cross Street
Executive Summary
Positioned just a three-minute walk from Reading Station and surrounded by the town centre's extensive retail, leisure and business amenities, the property occupies a prominent location overlooking the junction of Friar Street and Cross Street. Reading remains one of the South East's most established commercial centres, offering excellent rail connectivity to London and the wider UK.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
The property forms part of a larger building, the remainder of which is not included in the sale. The property has been carefully modernized while retaining its historic appeal, featuring exposed brickwork, timber flooring, a grand staircase and Crystal-style glazed partitions. The building provides a mix of fitted and unfitted office suites alongside collaborative workspace, creating an attractive environment for a diverse range of occupiers.
Sale Notes
An opportunity to acquire a fully refurbished multi-let office investment in the heart of Reading town center. The Dog House, located at 150 Friar Street, offers approximately 5,500 sq ft (511 sq m) of distinctive Grade II listed office accommodation combining character features with contemporary workspace design. The subject property comprises a lettable area of approx.. 3,330 sq ft across 1st- 3rd floors, benefiting from a total net rent of approximately £158,394 pa. The space is currently fully let, to an array of local office and studio occupiers, on short-term flexible serviced office agreements, with a current WAULT of approx. 1.4 years.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 150 | 5,500 SF | Retail | Upon Request | - |
Unit 150
| Unit Size |
| 5,500 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 150
| Unit Size | 5,500 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| The property forms part of a larger building, the remainder of which is not included in the sale. The property has been carefully modernized while retaining its historic appeal, featuring exposed brickwork, timber flooring, a grand staircase and Crystal-style glazed partitions. The building provides a mix of fitted and unfitted office suites alongside collaborative workspace, creating an attractive environment for a diverse range of occupiers. | |
| Sale Notes | |
| An opportunity to acquire a fully refurbished multi-let office investment in the heart of Reading town center. The Dog House, located at 150 Friar Street, offers approximately 5,500 sq ft (511 sq m) of distinctive Grade II listed office accommodation combining character features with contemporary workspace design. The subject property comprises a lettable area of approx.. 3,330 sq ft across 1st- 3rd floors, benefiting from a total net rent of approximately £158,394 pa. The space is currently fully let, to an array of local office and studio occupiers, on short-term flexible serviced office agreements, with a current WAULT of approx. 1.4 years. |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 7,877 SF | Typical Floor Size | 200 SF |
| Property Type | Office (Condo) | Year Built | 1880 |
| Building Class | B | Lot Size | 0.06 AC |
| Floors | 5 |
| Total Building Size | 7,877 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 200 SF |
| Year Built | 1880 |
| Lot Size | 0.06 AC |
Amenities
- Bus Line
- Security System
- Storage Space
1 1
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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149-150 Friar St
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