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Weighbridge Row - Units 1-6, Reading, BKS
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Units 1-6 Weighbridge Row
Reading, RG1 8LX
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(2.0 MB)
Property type:
Industrial
Sub type:
Warehouse
Status:
Existing
Year built:
1989
Building size:
21,838 sq ft
Land area:
-
Eaves height:
-
Loading docks:
No
For sale price:
£1,550,000
Price:
£70.98 sq ft
Yield:
8.66 %
Sprinklers:
-
Drive in bays:
No
The property comprises six B1 two storey units in three semi-detached steel frame design with plastic profile sheet cladding to upper walls and roof, with brick/block walls to cill height.
The property is located in the Weighbridge Row Estate within the Cardiff Road Industrial Area. The units are situated roughly one mile to the north of Reading's town centre in an established industrial location close to many other industrial estates including Richfield Industrial Estate and other Estates at nearby Portman and Loverock Roads.
Sale Notes:
The investment comprises a fully let series of three industrial units (Units 1-6).
Tenure: Freehold.
Offers over £1,550,000 subject to contract to show a purchaser a net initial yield of 8.66% after deducting usual purchaser's costs estimated at 5.8%.
Let on a FRI basis and producing a net rental income of £142,000 per annum, subject to tenant break options.
CLICK HERE TO CONTACT THE SELLING AGENT
SELLING AGENTS
Hicks Baker
Nigel Baker
0118 955 7081
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