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3 Whitley St 751 SF Retail Building Reading RG2 0EG $503,329 ($670.21/SF)
Investment Highlights
- Freehold mixed-use investment.
- Self-contained 3-bedroom maisonette above.
- Potential income £26,800 – £30,000 per annum (agent’s opinion).
- Located within a busy neighbourhood retail parade.
- Ground floor retail unit let to Age UK.
- Current income £21,680 per annum.
- Approx. 1,600 sq ft combined accommodation.
- Approx. 1 mile south of Reading town centre.
Executive Summary
An opportunity to acquire a freehold mixed-use investment property located within an established neighbourhood retail parade approximately 1 mile south of Reading town centre. The property comprises a ground floor retail unit let to Age UK together with a self-contained three-bedroom maisonette above, producing a current income of £21,680 per annum with clear potential for rental growth.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
751 SF
Building Class
B
Year Built
1925
Price
$503,329
Price Per SF
$670.21
Tenancy
Single
Building Height
3 Stories
Building FAR
0.86
Lot Size
0.02 AC
Parking
2 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
19’ on Whitley Street
Amenities
- Bus Line
- Security System
- Signage
- Storage Space
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Nearby Major Retailers
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3 Whitley St
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