122 Castle Street, Reading, RG1 7RG
£242.98 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,778 sq ft
258 sq m
- SECTOR
Office for sale
- USE CLASSUse class orders: Class E
E
Key features
- Self contained office building comprising 2,778 sq ft (NIA)
- Income of £49,000pa. Majority let to The Literary Gift Company (2 individuals; theliterarygiftcompany.com) on a Lease expiring 08.2029
- Large private car park to rear of the building
- Potential for long term conversion to alternate uses (subject to planning) including residential apartments and new build in car park
Description
The property is let to two commercial tenants on recently renewed internal repairing & insuring leases, with service charge payable for the external and common areas, until 08.2029 producing £46,000pa, with the car park income variable but currently c. £3,000pa.
Reading train station and the town centre are both within walking distance. Both J11 & J12 of the M4 are easily accessible by a 15 minute drive, with the building being situated just off the A33 and A4.
See brochure for further information.
Brochures
122 Castle Street, Reading, RG1 7RG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Reading Station0.6 miles
- Reading West Station0.5 miles
- Reading Green Park Station2.0 miles
About Sykes Capital Ltd, Reading
First Floor, 23/24 Market Place, Reading, Berkshire, United Kingdom RG1 2DE
Notes
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