Summary - 28 FARNHAM DRIVE CAVERSHAM READING RG4 6NY
1 bed 1 bath Commercial Property
**Key Features:**
- Freehold ground floor commercial investment with approximately 815 sq.ft (76 m²) of space
- Currently leased to a well-established Nepalese restaurant with 13 years remaining on a 20-year FRI lease
- Annual rental income of £13,800, with 5-yearly reviews
- Located in a busy neighborhood shopping parade with ample customer parking
- Includes restaurant area, commercial kitchen, customer WCs, rear access, fire exit, and a bin store
- EPC Rating: D-76, valid until 2029
- Very low crime rate in an affluent area (Caversham Park Village, Reading)
This ground floor commercial investment presents an excellent opportunity for savvy investors seeking stable income. Situated in Caversham Park Village, this property boasts an ideal location within a bustling shopping parade, ensuring consistent foot traffic. The established Nepalese restaurant occupies the space, with a solid lease in place—providing peace of mind regarding business continuity.
While the property generates £13,800 per annum, mortgage lenders may be hesitant due to the remaining lease duration of 13 years, which could impact financing options. However, with fast broadband and off-street parking, it is perfectly positioned for sustained growth in an affluent community. Ideal for those looking to diversify their investment portfolio or venture into commercial property—experience the potential this space offers amidst a thriving neighborhood. Secure your viewing today!
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