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28 Farnham Dr 815 SF Retail Building Reading RG4 6NY $302,111 ($370.69/SF)
Investment Highlights
- Freehold commercial investment.
- Let to established Nepalese restaurant.
- Passing rent £13,800 per annum.
- Tenant responsible for repairs & rates.
- Ground floor unit – approx. 815 sq ft.
- 11 years unexpired on FRI lease.
- 5-yearly rent reviews.
Executive Summary
Ground floor restaurant unit of approximately 815 sq ft within a well-established retail parade in Caversham Park Village. Includes seating area, fully fitted commercial kitchen, customer WC, and rear access with bin storage. Currently let to an established Nepalese restaurant on a long FRI lease, providing steady income. Convenient location with nearby parking and strong residential catchment.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
815 SF
Building Class
B
Year Built
1960
Price
$302,111
Price Per SF
$370.69
Tenancy
Single
Building Height
1 Story
Building FAR
0.81
Lot Size
0.02 AC
Frontage
17’ on Farnham Drive
Amenities
- Security System
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Nearby Major Retailers
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28 Farnham Dr
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