189-193 London Road, Reading, RG1 3NU

A fully let mixed-use freehold investment opportunity prominently located on London Road (Cemetery Junction), Reading.

The property comprises two ground floor commercial units together with two self-contained one-bedroom flats above, producing a combined rental income of £49,740 per annum.

The commercial accommodation includes a well-established off licence/convenience store occupying a prominent double-fronted unit with a substantial basement, together with a fully fitted hot food takeaway unit, both benefiting from strong trading positions and high levels of passing footfall.

The residential accommodation comprises two self-contained one-bedroom flats, both let on Assured Shorthold Tenancies, providing a stable and supplementary income stream. The flats offer scope for improvement, presenting an opportunity to enhance rental income over time.

The property occupies a highly visible position within a busy and established parade, close to Reading University, the Royal Berkshire Hospital and Reading town centre, making it a proven and popular location for both commercial and residential occupiers.

The property is prominently located on London Road (Cemetery Junction), one of Reading’s main arterial routes into the town centre. The area benefits from strong passing traffic and footfall and is close to Reading University, the Royal Berkshire Hospital and the town centre.

Strictly by prior arrangement with the sole agents, Lansley Commercial.

Access will be arranged with the respective occupiers and adequate notice will be required.

The property is available freehold, subject to the existing tenancies, at a guide price of £650,000.
189 London Road – Takeaway Premises
Let on a full repairing and insuring lease for a term of 15 years from February 2026 at a current rent of £13,000 per annum. The lease includes a tenant break option at the fifth anniversary and rent review provisions.
191–193 London Road – Retail Premises
Let on a full repairing and insuring lease producing a current rent of £18,500 per annum, with rent review provisions in place.
Residential Flats (189a)
Both flats are let on Assured Shorthold Tenancies producing a combined income of £18,240 per annum.
Total Rental Income: £49,740 per annum.