Summary - 14, READING ROAD SOUTH GU52 7QL
1 bed 1 bath Retail Property (high street)
Freehold retail investment producing £13,000 pa current passing rent
A compact freehold retail investment on Fleet’s busy Reading Road South, currently let as a barber and producing a passing rent of £13,000 pa. The ground-floor unit extends to approximately 839 sq ft with a full-width sales area, two storage rooms, kitchenette and customer WCs, plus one allocated parking space accessed from St James Road. The location benefits from strong local amenity and commuter footfall, minutes from Gurkha Square car park and Harts Shopping Centre.
This is a straightforward income asset for an investor seeking immediate rent roll in a very affluent town centre with fast broadband, excellent mobile signal and good transport links to London via Fleet station. The property is presented in reasonable condition and has an EPC rating of C (54). The lease was newly agreed in March 2024 for 15 years with a landlord-friendly break at year five.
Important caution: the short lease term on the occupational lease (15 years) may restrict some lenders’ willingness to lend and could affect resale to certain buyers seeking long lease security. There is limited private outdoor space and the upper floors would likely require some refurbishment if brought into residential use or reconfigured. Buyers should verify lease details, covenant strength and lender acceptability prior to offer.
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