£7.000.000
Confirmation
Industrial Investment For Sale (2 lots)
Reading, United Kingdom
85%
Industrial
#33982
Core+, Value-Add
2 Nov 2024
Property Details
Broker
For sale
56,268 sq.ft.
5,227 m²Leasable area
124 £/sq.ft.
1,339 £/m²4
Freehold
X
Fees
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
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