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4-6 Broad St
Reading RG1 2BH

Retail Property For Sale

Retail Space Berkshire Reading 4-6 Broad St, Reading, BKS RG1 2BH

Investment Highlights

  • Modern & Prominent property
  • Reading is one of the UK’s leading university towns and currently has approximately 19,500 students
  • Reading is an important and popular regional retail centre with an affluent primary catchment population

Executive Summary

We have been instructed to seek offers in excess of £3,600,000 (Three Million, Six Hundred Thousand Pounds), Subject to Contract & Exclusive of VAT, which reflects a minimum Net Initial Yield of 7%, assuming the baserent receivable from Coco Di Mama, allowing for graduated purchasers costs.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
14,584 SF
Building Class
B
Year Built
1884
Price
$4,449,388
Price Per SF
$305
Cap Rate
7.50%
NOI
$333,704
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
2.58
Lot Size
0.13 AC
Frontage
44 FT on Broad Street

Amenities

  • Storage Space

Links

 

  • Listing ID: 28565266

  • Date on Market: 5/24/2023

  • Last Updated:

  • Address: 4-6 Broad St, Reading RG1 2BH

The Retail Property at 4-6 Broad St, Reading, RG1 2BH is currently available for sale. Contact Green & Partners LLP for more information.

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