Lismore House, 28B Wilton Road, Reading, RG30 2SS

£425,000

Size

65 - 725

Tenure

Freehold

EPC

Parking

3

Primary use
Other

Key features

  • Detached Freehold Commercial Multi Let Investment
  • Current Income of Approx. £41,700 pa - scope to increase
  • Flexible Multi-Let Offices & Fitness Studio
  • Potential to Enhance Income & Value
  • 2,818 sq ft with Three Parking Spaces
  • Excellent West Reading Investment OpportunityNew key point...

Description

Detached Freehold Commercial Investment with Rental Growth Potential

An excellent opportunity to acquire a detached freehold commercial investment in a well-established location on the western side of Reading.

Lismore House extends to approximately 2,818 sq ft (261.77 sq m) and is currently arranged as a multi-let commercial property producing an annual rental income of approximately £41,700 per annum. The accommodation comprises a mix of office suites, fitness studio accommodation, consulting rooms and ancillary facilities, offering a diverse income stream and flexibility for future occupation.

The property benefits from private parking to the front, attractive courtyard and garden areas, kitchen and WC facilities, together with a modern specification throughout much of the accommodation. The current layout provides flexibility for continued multi-tenancy or, subject to agreement, potential occupation by a single business.

In our opinion, the property offers an attractive investment with opportunities to enhance future income and capital value through lease restructuring, re-letting of vacant accommodation and active asset management.

Lismore House occupies a convenient position on Wilton Road, just off the A4 Bath Road, approximately 1.5 miles west of Reading town centre. The property benefits from excellent access to Reading West railway station, the M4 motorway (Junctions 11 & 12) and the wider Thames Valley road network, making it an attractive location for a variety of commercial occupiers and investors.

Strictly by appointment through the sole selling agents: Lansley Commercial

Guide Price: £425,000 (Freehold)

A buyer's administration fee of £650 plus VAT is payable to Lansley Commercial upon completion of the purchase.

Further information, tenancy documentation and viewings are available strictly through the sole selling agents, Lansley Commercial.

Agent's Fee: £650 plus VAT, payable by the purchaser upon completion of the sale to Lansley Commercial for introducing and facilitating the transaction.
Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Lismore House, 28B Wilton Road, Reading, RG30 2SS

NEAREST STATIONS

National Rail

Reading West Station

0.45 miles

National Rail

Reading Station

1.24 miles

National Rail

Tilehurst Station

1.62 miles

About Lansley Commercial, Reading

Lansley Commercial, Reading

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.

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Disclaimer - Property reference 379502-1. 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.