Property Information
Address:
Crockhamwell Road, Reading, Berkshire
, RG5 3LX
, Berkshire
, United Kingdom
Price: Property no longer available.
Size: 6150 sq ft571 sqm
Primary Category: Investment
All Categories:
Investment, Land, Shop,
Property Ref/Movehut: MH658158
Property Ref/Agent: 329
*Please use the agent ref when calling the agent directly.
Property description
Income producing commercial investment opportunity with potential to surrender in part to redevelop and / or convert upper parts to residential, STP.
For Sale Freehold. Not elected for VAT.
Investment producing £152,555 pax that will increase to approximately £170,555 pax when Unit 3 let. (See tenancy schedule).
Potential for future conversion of upper parts to residential to provide 7 flats (4x2-bed and 3x1-bed), STP.
Potential for future conversion of upper parts and redevelopment of rear car park to residential to provide 12x2-bed flats, STP.
Pre-planning application documents AND detailed positive response from Wokingham Council available upon request.
5 self-contained retail units on ground floor (Units 1&2 combined)
Asset management opportunity
Large secure onsite car park (18-spaces)
Central position opposite Lidl AND next to public car park
Data Room - Access upon request
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