70/72 Broad Street, Reading, Berkshire, RG1 2AF
£83.33 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,000-4,000 sq ft
279-372 sq m
- SECTOR
Commercial property for sale
Key features
- FOR SALE BY AUCTION 30TH OCTOBER 2025
- Entirely let to K W Nelson Ltd until June 2057
- Valuable reversion in 32 years
- Entirely underlet to tenants trading as Paul Bakery & Café & No1 Currency Exchange at a total sublet rent of £98,000 pax
- Central location on pedestrianised Broad Street
- Nearby occupiers include Caffe Nero, KFC, Sports Direct, Next and Waterstones
- VAT - free investment
- Rental income £3,250 per Annum Exclusive
Description
Broad Street is Reading's prime pedestrianised retail thoroughfare, connecting Broad Street Mall to The Oracle Shopping Centre. The property occupies a prominent position on the western side of Broad Street, within a short walk of Reading Railway Station. Nearby occupiers include KFC, Caffe Nero, Sports Direct, Next and Waterstones.
Tenure
Freehold.
Description
The property comprises two shops, one arranged on the ground floor & basement (72 Broad Street) and one arranged on the ground, first & second floors (70/71 Broad Street).
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor's legal pack.
For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.
Brochures
70/72 Broad Street, Reading, Berkshire, RG1 2AF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Reading Station0.2 miles
- Reading West Station0.7 miles
- Reading Green Park Station2.3 miles
Notes
Disclaimer - Property reference A13296-LOT3-Reading. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Acuitus Limited, Acuitus. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Acuitus Limited, Acuitus on 020 7870 2773.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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