£375,000

Retail premises for sale

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Freehold

£375,000

(£277.78/sq. ft)

Retail premises for sale

24 Prospect Street, Caversham, Reading RG4

1,350 sq. ft

Local area information

Property location

Nearby amenities

  • Thameside Primary School 0.2 miles
  • The Heights Primary School 0.2 miles
  • Reading 0.6 miles
  • Reading West 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Reading to find out more about the area.

Features and description

  • Freehold
Key Points

  • For sale
  • Fully let / income producing
  • Prominent position
  • Public car park to the rear
  • Established local occupier

  • Description

    24 Prospect Street comprises a prominent mid-terrace single-storey retail unit occupied by Zappas Hairdressing Salon.

    The property is served by way of a modern glazed frontage with double doors which in turn lead to a substantial open plan salon area which has been fitted to a high standard throughout. A range of cellular sub-dividing areas have been created and to the rear of the building there is an office, staff room, storerooms, and WC’s.

    The property also benefits from a rear access onto the Chester Street Public Car Park.

    Location

    24 Prospect Street is prominently located within the heart of Caversham, one mile north of Reading town centre and Crossrail train station. The property occupies a strong retail position and there are a wide variety of independent retailers, restaurants, and coffee shops within the immediate vicinity.

    Terms

    The virtual freehold comprising a 999-year lease from 15/11/2005 is offered for sale for £375,000 with the benefit of a new 5-year lease and rental income as detailed below.

    Lease Terms

    Upon completion, Zappas Hairdressing Salon, shall enter a new 5-year internal repairing and insuring lease at a rent of £30,000 pax.

    Viewing & Further Information

    Please contact the sole agents for further information or an appointment to view.

    VAT

    The property is not elected for VAT.

    Anti-Money Laundering Regulations

    To comply with Anti Money Laundering regulations, Haslams Surveyors LLP undertake id checks for all successful purchasers and tenants where legislation requires us to do so.

    More information

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    Property descriptions and related information displayed on this page are marketing materials provided by - Haslams Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Haslams Commercial for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. Berkshire
    4. Reading
    5. Caversham
    6. Prospect Street

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