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28 Farnham Drive, Caversham Park Village, Reading, RG4 6NY

Offers in Region of
£225,000

£276.07 per sq ft

Business rates & charges may apply

Lansley Commercial, Reading
SIZE AVAILABLE

815 sq ft

76 sq m

SECTOR

Restaurant for sale

Key features

  • Freehold commercial investment
  • Ground floor unit – approx. 815 sq ft
  • Let to established Nepalese restaurant
  • 11 years unexpired on FRI lease
  • Passing rent £13,800 per annum
  • 5-yearly rent reviews
  • Tenant responsible for repairs & rates

Description

A well-positioned freehold commercial investment opportunity, comprising a ground floor lock-up unit within an established neighbourhood retail parade in Caversham Park Village. The premises extend to approximately 815 sq ft and include a restaurant seating area, fully fitted commercial kitchen, and customer WC facilities, together with rear access, fire exit, and bin storage.

The property is currently let to a successful and established Nepalese restaurant, providing a steady and reliable income stream. The lease is on a full repairing and insuring (FRI) basis, offering minimal landlord responsibilities.

This represents an attractive, low-management investment suited to private investors seeking a secure income-producing asset within a well-served residential catchment area, benefiting from nearby parking and consistent local footfall.

The property is situated within a well-established neighbourhood retail parade in Caversham Park Village, Reading, serving a densely populated residential catchment. The parade benefits from a variety of local occupiers and a large communal car park, providing convenient customer parking and steady day-to-day footfall.

Strictly by prior appointment through Lansley Commercial.

The property, we are informed, is let on a 20 year Full Repairing and Insuring lease with about 11 years remaining. The tenant is trading very successfully as an Authentic Nepalese Restaurant. Current rent is £13,800 per annum (£1150 per calendar month) and is subject to 5 year reviews.

Energy Performance Certificates

EPC

28 Farnham Drive, Caversham Park Village, Reading, RG4 6NY

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Reading Station1.7 miles
  • Reading West Station2.5 miles
  • Earley Station2.9 miles

About Lansley Commercial, Reading

111 Oxford Road, Reading, RG1 7UH

Lansley Commercial specialises in small business sales, valuations and commercial property disposals.

We act for owner-managed businesses and commercial property owners, handling mixed-use investments, retail units, offices and light industrial premises.

Our approach is practical and results-driven, with a focus on achieving market value and progressing deals through to completion.

Notes

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Disclaimer - Property reference 361888-1. 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 Lansley Commercial, Reading. 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.

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