Horseshoe Rd 2,333 SF Office Condo Unit Offered at $364,123 in Pangbourne RG8 7JW
INVESTMENT HIGHLIGHTS
- Popular Commercial Estate
- Parking spaces
- Prominent location
EXECUTIVE SUMMARY
Horseshoe Park occupies a good position close to the centre of Pangbourne which is well served by its own rail station which is on the main London to Bristol line. Local shops are found close by within the scenic Thames side village of Pangbourne which is just west of Reading within easy access to Junction 12 of the M4 motorway.
PROPERTY FACTS
| Price | $364,123 |
| Unit Size | 2,333 SF |
| No. Units | 1 |
| Total Building Size | 18,562 SF |
| Property Type | Office (Condo) |
| Sale Type | Investment |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 9,281 SF |
| Year Built | 1974 |
| Lot Size | 2.74 AC |
AMENITIES
- Security System
- Energy Performance Rating - C
- Air Conditioning
1 UNIT AVAILABLE
Unit 11
| Unit Size | 2,333 SF |
| Price | $364,123 |
| Price Per SF | $156.07 |
| Condo Use | Office |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 7.94% |
| NOI | $28,911.34 |
DESCRIPTION
The premises comprise an end of terrace two-storey business unit of steel portal frame construction with external elevations of part brick, part profile metal sheeting under an insulated profile metal clad roof. The premises are accessed via by a pedestrian entrance and double doors to the ground floor.
Internally the premises provide a modern yoga, fitness and Pilates studio across both stories. The unit also benefits from male and female WCs, a Kitchen/tea point and allocated parking spaces.
SALE NOTES
The property is let to Refresh Pilates Limited on a 5 years, commencing on 17th April 2024 and ending on 16th April 2029.
