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53 Crown St 2,730 sq ft Retail Property Reading RG1 2SN £479,500 (£175.64/sq ft)
Investment Highlights
- Freehold investment STPP / development opportunity.
- Four-bedroom accommodation over two floors.
- Prominent main road position in Reading.
- Potential to enhance value through refurbishment / redevelopment.
- Vacant possession on completion.
- Ground floor commercial unit (former fish & chips).
- Scope to reopen business or alternative use (STPP).
- Located in an area undergoing significant regeneration and development - immediate vicinity.
Executive Summary
The property has been in the same family ownership for 40 years plus. Not currently trading but easily reopened subject to equipment service / checks, etc.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,730 sq ft
Costar Property Class
C
Year Built
1900
Price
£479,500
Price per sq ft
£175.64
Tenancy
Single
Number of Floors
3
Plot ratio
2.37
Total Plot Size
0.03 ac
Frontage
15 ft on Crown St
Amenities
- Bus Route
- Signage
- Public Transportation
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Nearby Major Retailers
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Photos
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Street
Map
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53 Crown St
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