149-150 Friar Street & 2-4 Queen Victoria Street, Reading RG1

  • Freehold

  • Fully let ground floor retail parade totalling 2,859 sq ft

  • Current net income of £145,500 per annum

  • The property has a WAULT of circa 6.93 years to expiry and 2.05 years to break

  • Upper floors have been sold off on a long lease and currently trade as modern serviced offices

  • Low sustainable rents

The vendor is seeking offers in excess of £1,650,000 subject to contract and exclusive of VAT, reflecting a Net Initial Yield of 8.31% allowing for graduated purchasers’ costs.

Contact

Please contact us for further information regarding any of the acquisitions on our site.

Jamie Baruch
07889 085 112
jamiebaruch@tydusre.com

Freddie Dade
07929 321 709
freddiedade@tydusre.com

 Will Elphinstone
07876 131 346
willelphinstone@tydusre.com