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49 Whitley St 538 SF Retail Building Reading RG2 0EG $340,832 ($633.52/SF) 7% Cap Rate
Investment Highlights
- Located on the busy A327
- Good passing traffic
- Nearby occupiers include anchor Tesco Express and a number of other restaurant and retail premises
Executive Summary
Ground floor take-away shop unit with first and second floor residential accommodation. Four bedrooms plus a shower room. There is rear access into a courtyard.
The property is held on a 20 year lease from March 2015. Expires March 2035. Current rent passing £17,500 p.a.
The property is held on a 20 year lease from March 2015. Expires March 2035. Current rent passing £17,500 p.a.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
538 SF
Building Class
B
Year Built
1900
Price
$340,832
Price Per SF
$633.52
Cap Rate
7%
NOI
$23,858
Tenancy
Single
Building Height
3 Stories
Building FAR
0.38
Lot Size
0.03 AC
Frontage
15’ on Whitley Street
Amenities
- Bus Line
- Signage
- Storage Space
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Dalchini
- -
- 538 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Dalchini | - | 538 SF | - | - |
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Nearby Major Retailers
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49 Whitley St
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