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Industrial Investment For Sale (2 lots)

Reading, United KingdomUnlock address

85%

£7.000.000

Industrial

#33982

Core+, Value-Add

28 Sep 2024

Property Details

Broker

For sale

56,268 sq.ft.

5,227 m²

Leasable area

124 £/sq.ft.

1,339 £/m²

4

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

Located in Reading, providing easy access to the A33, which in turn links with Junction 11 of the M4 and Reading town centre plot 1: 29,336sqft (2,725.4 sq m) industrial unit with a total rent of £372,545 per annum plot 2: 26,932sqft (2,479.7 sq m) with a total very low rent of £104,000 per annum. The ERV for this unit is circa £320,000 based on sub £12per sq ft. Potential for refurbishment or redevelopment subject to tenancies Site area: 2.08 acres