Retail premises for sale in 24 Prospect Street, Caversham, Reading RG4, £375,000

375,000.00

Offer Nr.:
65456202
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Haslams Commercial
Phone(s):
0118 443 9441

* 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.

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