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89-91 Friar St 1,711 sq ft Retail Unit Offered at £550,000 in Reading RG1 1EL
Investment Highlights
- Three-storey mid-terrace building with ground floor retail and upper floor storage
- Located 0.2 miles from Reading Railway Station and 0.6 miles from Reading West Station
- Basement, first, and second floors provide additional space
Executive Summary
The property comprises a three-storey mid-terrace building providing ground floor retail accommodation with storage space on basement, first and second floors. The property is located close to both Reading Railway Station (0.2 miles) and Reading West Railway Station (0.6 miles). The nearby A329 provides direct access to Junction 11 of the M4 Motorway.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
Freehold mixed-use property in the heart of Reading, arranged over four floors with ground floor commercial space and upper floors benefiting from planning consent for residential conversion. The building extends to approximately 2,938 sq ft and is currently offered with vacant possession.
Sale Notes
Planning permission granted to create two 2-bedroom maisonettes across the basement, first, and second floors while retaining ground floor commercial accommodation. A compelling opportunity for developers, investors, or owner-occupiers seeking long-term potential in a well-connected town centre location.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 90-91 | 1,711 sq ft | Retail | £550,000 (£321.45/sq ft) | - |
Unit 90-91
| Unit Size |
| 1,711 sq ft |
| Unit Use |
| Retail |
| Price |
| £550,000 (£321.45/sq ft) |
| NOI |
| - |
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Unit 90-91
| Unit Size | 1,711 sq ft |
| Unit Use | Retail |
| Price | £550,000 (£321.45/sq ft) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| Freehold mixed-use property in the heart of Reading, arranged over four floors with ground floor commercial space and upper floors benefiting from planning consent for residential conversion. The building extends to approximately 2,938 sq ft and is currently offered with vacant possession.</li></ul> | |
| Sale Notes | |
| Planning permission granted to create two 2-bedroom maisonettes across the basement, first, and second floors while retaining ground floor commercial accommodation. A compelling opportunity for developers, investors, or owner-occupiers seeking long-term potential in a well-connected town centre location.</li></ul> |
Property Facts Sale Pending
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 4,409 sq ft | Floors | 4 |
| Property Type | Retail (Unit) | Typical Floor Size | 1,102 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1920 |
| Costar Property Class | B | Total Plot Size | 0.11 ac |
| Total Property Size | 4,409 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 4 |
| Typical Floor Size | 1,102 sq ft |
| Year Built | 1920 |
| Total Plot Size | 0.11 ac |
Amenities
- Bus Route
- Storage Space
1 1
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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89-91 Friar St
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