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St James Wharf 99-105 Kings Rd 26 Unit Apartment Building $1,265,772 ($48,684/Unit) Reading RG1 3DD

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INVESTMENT HIGHLIGHTS

  • CCTV, security alarm and door entry system
  • Large meeting rooms, data room and partitioned offices
  • Allocated parking

EXECUTIVE SUMMARY

The offices are arranged over ground and first floors and offer a self-contained space with secure parking for up to 6 cars to the rear of the building. The offices form part of the five storey building which comprises an additional 26 flats all of which have been sold on long leases. The freehold of the whole building is part of the existing ownership and a management company is in place to deal with the day to day running of the building. The building is offered for sale together with the freehold interest of 26 apartments which have all been sold on 125 year leases. The freehold includes a small cottage which has also been sold on a long lease. Further details are available on request. We are looking for offers in the region of £950,000

PROPERTY FACTS

Price $1,265,772
Price Per Unit $48,684
Sale Type Owner User
Tenure Freehold
No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Building Size 13,220 SF
No. Stories 6
Year Built 1998
Tenancy Single
  • Listing ID: 27893421

  • Date on Market: 3/6/2023

  • Last Updated:

  • Address: 99-105 Kings Rd, Reading RG1 3DD

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