Property photos
Auction
From
£225,000
Property for sale
High Street, Theale, Reading RG7Local area information
Property location
Nearby amenities
- Theale 0.3 miles
- Theale C.E. Primary School 0.4 miles
- Theale Green School 0.5 miles
- Tilehurst 3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Investment let at £18,900
- P.a.
- Ground floor let at £10,500p.a.
- Upper floor office currently let at £8,400p.a. (The tenant is currently holding over and has confirmed they will be vacating on the last day of April 2023)
- Development potential to convert the self contained upper two floors into a 2 bedroom flat (subject to the requisite consents)
- Future asset management potential
- Located in an attractive and affluent area
- No Vat
Strapline
Auction Sale - 18/04/2023
Of Interest to Investors and Developers
An attractive end of terrace retail unit and self contained upper floor office with future development potential to convert the upper floors into a 2 bed flat.
Currently Investment let at £18,900 p.a.
Description
The property is an attractive end of terrace 3 storey property forming part of an established shopping parade. The property comprises of a retail unit on ground floor and office on 1st and 2nd floor. There is a passage to the side which offers access to the upper floors via a separate entrance.
Nearby occupiers include the Coop, Coral & post office as well as a wide selection of boutique and independent, restaurants, pubs and shops.
Location
The property is located on the northern side of the high street and can be found between the junctions of Brewery Court and Crown Lane.
Theale Station is located an approx. 0.4 miles from the property
Transport
Theale Station - National Rail Services
Tenancy
23 High Street - Ground floor
23 High Street - 1st and 2nd floor
Accommodation
Floor plans to follow
Auction Sale - 18/04/2023
Of Interest to Investors and Developers
An attractive end of terrace retail unit and self contained upper floor office with future development potential to convert the upper floors into a 2 bed flat.
Currently Investment let at £18,900 p.a.
Description
The property is an attractive end of terrace 3 storey property forming part of an established shopping parade. The property comprises of a retail unit on ground floor and office on 1st and 2nd floor. There is a passage to the side which offers access to the upper floors via a separate entrance.
Nearby occupiers include the Coop, Coral & post office as well as a wide selection of boutique and independent, restaurants, pubs and shops.
Location
The property is located on the northern side of the high street and can be found between the junctions of Brewery Court and Crown Lane.
Theale Station is located an approx. 0.4 miles from the property
Transport
Theale Station - National Rail Services
Tenancy
23 High Street - Ground floor
- Let to Sansome and George (Hampshire) Limited
- Current lease 3 years from 01/11/2021
- The tenant has verbally expressed to the vendor that they wish to extend there lease
- Investment let at £10,500 p.a.
23 High Street - 1st and 2nd floor
- Let to National Chauffeurs Limited
- 2 years from 01/09/2018 (Holding over and has confirmed they will be vacating on the last day of April 2023)
- Investment let at £8,400 p.a.
Accommodation
Floor plans to follow
More information
Listed by
Savills - National Auctions
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