A mixed-use development containing a fully-let block of 4x 1-bed flats generating £26,000 p.a. income, and a 3,200sqft Grade A commercial unit (Class E) part let currently generating £19,000 p.a. with a number of vacant units for future additional income of £54,000 p.a. Total potential income from site is £99,000 p.a.
Additional benefits include:
- Ground rent from 3x leasehold flats within the freehold demise
- EV car charging on site.
- 21 car parking spaces
- 5 mins from the M4 corridor, Reading J11
Potential sale would be via a Share Purchase of the limited company which owns the freehold.
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