FOR SALE: High-yielding Freehold Mixed-Commercial Property at 108 Southampton Street, Reading, Berkshire, RG1 2QX
Galaxy Real Estate proudly presents this versatile freehold mixed-use property located in the heart of Reading. Situated on the vibrant Southampton Street, this property offers significant potential for investors or owner-occupiers seeking a prime location with flexible options for commercial or residential use.
Key Features:
Current Rental Income: Fully let and generating an impressive £48,000 per annum, offering a high yield of approximately 9%.
Vacant Possession Option: Available as vacant possession on completion, if preferred by the buyer.
Mixed-Use Layout:
Ground Floor: A commercial unit with a basement that is let out to a hairdresser.
First Floor: comprises two self-contained studio flats, each with a kitchen and bathroom, ideal for rental income or staff housing.
Second Floor: Includes an additional bedroom, adding extra living space.
Close to Reading town centre, providing easy access to shops, supermarkets, restaurants, and excellent public transport links.
Ideal for both business operations and residential living due to its central location and vibrant surroundings.
Investment or owner-occupier opportunity:
This property represents a rare chance to acquire a high-yielding asset with immediate rental income potential or to secure a strategically located property with the option to repurpose for your needs.
Contact Galaxy Real Estate today for more details or to arrange a viewing of this exceptional property.
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Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.
Southampton Street, Berkshire, RG1
