Summary - Reading, Berkshire, RG61LH RG6 1LH
1 bed 1 bath Retail Property (high street)
City‑centre retail with steady income, ideal for experienced investors.
High footfall high‑street location near multiple transport links
Stated rental income £16,000 per annum
Total area approx 1,415 sq ft (131.49 sqm)
Victorian commercial terrace with retail display frontage
VAT applicable on purchase — affects final cost
Only ~17 years remaining on the lease; lender refusal likely
Tenure shown as freehold but let on a lease until 2042 — clarify title
Accommodation description inconsistent (marketing says 2 beds, data shows 1)
This high‑street retail investment sits on a busy Reading parade (RG6 1LH) with proven high footfall and fast broadband — suited to an investor seeking a city‑centre asset. The property is presented as a shop with an on‑site flat, producing a stated rental income of £16,000 per year and offering a total area of approximately 1,415 sq ft (131.49 sqm).
The building is Victorian in character with a commercial terrace frontage and traditional brickwork. Transport links are strong: multiple nearby bus stops and Reading stations are within a few kilometres, supporting continual customer flow. Local amenities and a large student population create steady pedestrian demand.
Important legal and funding considerations are material. Although tenure is shown as freehold, the property is let on a single lease expiring in 2042 (about 17 years remaining). Lenders commonly refuse mortgages where lease length is limited — buyers should obtain early lender confirmation. VAT is stated as applicable and will affect purchase structuring.
Note on accommodation: the marketing text describes a 2‑bed flat above the shop, while separate property fields list one bedroom and one bathroom; this discrepancy must be clarified before exchange. The plot is small and the site will suit an investor or operator focused on retail income rather than a large expansion project.
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