Caversham Road, Reading RG1 3 bed end of terrace house for sale

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Caversham Road, Reading RG1 3 bed end of terrace house for sale

Caversham Road, Reading
£495,000

Our Summary

  • Masons are proud to offer to the market this great investment opportunity, a rarely available mixed use property, consisting of a ground floor cafe & catering business on a new 10 year lease at £18,000 per annum and have been in situ for 17 years, with a first & second floor split level and self contained three bedroom apartment, let at £23,400 per annum (inclusive of utilities), with a total income of £41,400 per annum

Description

This mixed-use property in a prime location near Caversham and Reading centers offers a rare investment opportunity. The ground floor is home to a thriving cafe and catering business, leased for 10 years at £18,000 per annum, while the first and second floors feature a self-contained three-bedroom apartment, let at £23,400 per annum, inclusive of utilities. With a total annual income of £41,400, this property presents a lucrative opportunity for investors. Situated just yards from the River Thames, the property is easily accessible and offers stunning views. With no chain and viewing by appointment only, interested parties are encouraged to contact the agent to learn more about this exceptional investment opportunity.