Property for sale

Southampton Street, Reading, Berkshire, RG1

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020 3641 1580

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Property description & features

Tenure: Freehold
Attractive Location
Basement
Ideal for investment
Spacious
Freehold

FOR SALE: High-yielding Freehold Mixed-Commercial Property at 108 Southampton Street, Reading, Berkshire, RG1 2QX

Galaxy Real Estate proudly presents this versatile freehold mixed-use property located in the heart of Reading. Situated on the vibrant Southampton Street, this property offers significant potential for investors or owner-occupiers seeking a prime location with flexible options for commercial or residential use.

Key Features:

Current Rental Income: Fully let and generating an impressive £48,000 per annum, offering a high yield of approximately 9%.

Vacant Possession Option: Available as vacant possession on completion, if preferred by the buyer.

Mixed-Use Layout:
Ground Floor: A commercial unit with a basement that is let out to a hairdresser.
First Floor: comprises two self-contained studio flats, each with a kitchen and bathroom, ideal for rental income or staff housing.
Second Floor: Includes an additional bedroom, adding extra living space.

Close to Reading town centre, providing easy access to shops, supermarkets, restaurants, and excellent public transport links.
Ideal for both business operations and residential living due to its central location and vibrant surroundings.
Investment or owner-occupier opportunity:

This property represents a rare chance to acquire a high-yielding asset with immediate rental income potential or to secure a strategically located property with the option to repurpose for your needs.

Contact Galaxy Real Estate today for more details or to arrange a viewing of this exceptional property.

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Places of interest

Galaxy Real Estate Agent - London

1-3, Uxbridge Road Hayes, Middlesex UB4 0JN

020 3641 1580

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We offer an extensive professional service focussing on integrity, quality assurance, and guaranteed personalised service. We are an independently owned company, located in West London. Everyone at Galaxy Real Estate has extensive knowledge and a great cliental base of the area. We pride ourselves on our personalised and professional client service. Galaxy Real Estate was set up to give people the opportunity to make the galaxy their Oyster. The strategy behind this is to give buyers and vendors the time and attention they deserve. Buying or selling a home is the biggest financial decision of most people’s lives. At Galaxy, we want to make sure we get it right the first time. We listen carefully to what our customer’s say and what they want, it’s why we have an excellent understanding of their needs. Our ethos is very simple. To treat every customer with the level of service we would expect to receive ourselves. If you are considering buying, selling or letting any aspects of the property market such as residential, commercial and investment properties then Galaxy Real Estate is right for you. We create a real buzz and desirability about your property which differentiates us from other local estate agents. An open competitive atmosphere and heightened interest in your home is the key to our heart at Galaxy. We also offer a unique interior design facility. Please feel free to contact our dedicated team who have 34 years of combined experience in property development world-wide. They would be more than delighted to help you with your every need in your financial aspirations. Our success has been founded on some very firm beliefs: It is the duty of the agent to achieve the best possible price on behalf of their client through exposure to the widest possible market. It is the duty of the agent to achieve the best possible price on behalf of their client through exposure to the widest possible market. An active and dynamic approach is essential in selling properties at all times, and not just when the market grows more difficult. A reactive view is not enough. It is a source of great pride to us that as a result of following these simple rules, a large proportion of our business today is either repeat business or by recommendation.

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Commercial property for sale in East Reading

*DISCLAIMER

Property reference 3055. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Galaxy Real Estate Agent - London.

OnTheMarket may have applied supplementary data to this property listing, including:

Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021

Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s

The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

Mobile phone signal availability and predicted strength

Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

Energy Performance data and Internal floor area

Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

*Call rate information

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