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Property for sale

23-25 Whitley Street, Reading, Berkshire

Removed £900,000

Property Description

Key features

  • For sale by auction
  • Building
  • Bathrooms: 3

Full description

Tenure: Freehold

TO BE SOLD BY PUBLIC AUCTION AS LOT 65 ON TUESDAY 24 JUL 2018 - A mid terrace building arranged as a ground floor shop unit (let at 17,000 per annum) and a ten bedroom fully licensed vacant HMO above which has been recently refurbished. Well located in the centre of Reading, close to local shops and restaurants. Part Vacant Investment let at 17,000 per annum.

Tenure

Freehold.

Location

  • Located near to the junction with Essex Street
  • Extensive shopping facilities and restaurants can be found nearby in the centre of Reading
  • The recreational amenities of Cintra Park are easily accessible
  • The Royal Berkshire Hospital is located close by

Rail: Reading (future Crossrail station)Description

  • A mid terrace double fronted building
  • Currently arranged as a ground floor shop unit and fully licensed HMO accommodation over the first and second floors
  • The upper parts have recently been refurbished to a good standard with modern kitchens and bathrooms throughout
Accommodation

  • Ground Floor – Shop Unit of approximately 143 sq m
  • First Floor – Seven Rooms, Kitchen, Two Bathroom/WCs, Separate WC
  • Second Floor – Three Rooms, Bathroom/ WC, Separate WC
Tenancy

The ground floor shop is let from 16th May 2014 at a rent of £17,000 per annum. A rent review is due in May 2019.

Planning

Permission (151311) was granted on 24th May 2017 for second floor extensions to create additional bedsit.

Current Rent Reserved £17,000 per annumViewing

Please refer to our website savills.co.uk/auctions


Listing History

Added on Rightmove:
06 July 2018

Map & Street View

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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 Savills, National Auctions on 020 7824 9025.


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