Southampton Street, Reading, Berkshire, RG1

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 £40,800 per annum, offering a high yield of approximately 8%.

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 massage parlour.
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.