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Freehold

Offers in region of

£499,950

Retail premises for sale

Southampton Street, Reading, Berkshire RG1
1 bath

Offers in region of

£499,950

Retail premises for sale
Southampton Street, Reading, Berkshire RG1

    • 1 bath

Freehold

About this property

  • Glass Shop front

  • High footfall

  • Fully Let

  • Perfect for Small business

Introducing a rare and exceptional investment opportunity! This prime commercial property, located on Southampton Street, Reading, RG1 2, offers a unique blend of a bustling retail unit with high footfall and three self-contained flats above, ensuring a strong rental demand. With an asking price of £499,950, this freehold mixed-use property presents a potential rental yield of 10%, currently achieving 8%. The location is truly unbeatable, nestled in a thriving commercial area of Reading, providing excellent transport links and close proximity to Reading Station. This property is perfect for small businesses seeking a vibrant and high-traffic location to establish their presence.

Conveniently situated within close proximity to an array of amenities, including supermarkets such as Tesco Express (0.17km) and a variety of dining options like Pizza 2 Night (0.21km) and Chicken Cottage (0.26km), this property ensures both convenience and accessibility. Moreover, with nearby shopping centers, hospitals, doctors offices, pharmacies, fitness clubs, nightlife spots, cinemas, theaters, parks, post offices, libraries, and natural tourist attractions, the area offers a diverse range of facilities for both business and leisure.

Furthermore, the property is within walking distance to bus stops such as Katesgrove, Crown Street (0.24km) and railway stations including Reading Station (1.06km), providing seamless connectivity for tenants and customers alike. In addition, the presence of notable landmarks like Forbury Gardens (0.84km) and Vue Reading (0.42km) enriches the surroundings, making it an appealing destination for residents and visitors. With its strategic location and diverse offerings, this property presents an unparalleled opportunity to own a valuable asset in a thriving and prosperous locale.

This is a chance not to be missed – a versatile and lucrative investment that promises both immediate returns and long-term value. Embrace this exceptional opportunity to own a freehold mixed-use property in one of Readings most vibrant and sought-after locations. Enquire now to secure your position in this flourishing commercial hub!

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