Retail in RG2 available for sale
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Retail Properties for Sale near the RG2, Reading

Explore the Latest RG2 Retail Properties for Sale

Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.

Retail Properties for Sale Within 5 miles of the RG2, Reading

More details for 56 Prospect St, Reading - Retail for Sale

56 Prospect St

Reading, RG4 8JL

  • Retail for Sale
  • £395,000
  • 1,646 sq ft
  • Security System

Reading Retail for Sale - Lower Caversham

A fully let freehold mixed-use investment property comprising: Ground Floor Commercial: (circa. 625sq.ft) A fully let freehold mixed-use investment property comprising an established dry-cleaning business operating from the ground floor. The unit benefits from a double-fronted shop frontage, W.C., small kitchenette, and rear access to the bin area and to the self-contained upper flat. Commercial Lease: 12-year FRI Lease from 9th June 2020 until 8th June 2032. Current Rental Income: £13,000 per annum (£1,083 per month). 4 Year Rent reviews - June 2024 (not yet enacted) & June 2028) Rent Paid Quarterly – 3 month Rent Deposit (£3,250). Inside the L&T Act 1954. No Break Clause. Upper Parts (Residential): Originally configured as a single three-bedroom flat, the upper accommodation is currently arranged and let as two separate units — a one-bedroom flat (first floor) and a studio flat (second floor). First Floor 1 Bedroom Flat: Comprising a good-sized living room, fitted kitchen, and one double bedroom. Rental Income: £8,400 per annum (£700 per month) Second Floor Studio: Comprising kitchen, living room, and one bedroom. Rental Income: £8,400 per annum (£700 per month). Total Rental Income: £2483 pcm / £29,800 p.a. – incl. gas -separate electricity (pay as you go) submeters and water covered by tenants. This attractive freehold mixed-use investment offers a stable and fully let income stream from both commercial and residential tenants in a highly desirable and established retail location. PRICE:- £395,000 FREEHOLD

Contact:

Lansley Commercial

Property Subtype:

Shopfront Retail / Residential

Date on Market:

23/10/2025

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More details for 156-158 Friar St, Reading - Retail for Sale

156-158 Friar St

Reading, RG1 1HJ

  • Retail for Sale
  • £1,800,000
  • 2,070 sq ft
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More details for 62-63 St. Marys Butts, Reading - Retail for Sale

62-63 St. Marys Butts

Reading, RG1 2LG

  • Retail for Sale
  • £1,850,000
  • 5,816 sq ft
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FAQs about Retail property for sale in RG2

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in RG2?
There are currently 3 Retail Properties available for sale near RG2. These RG2 Retail Property listings have an average size of. The largest available listing in RG2 is. The thriving commercial centre and excellent transport links in RG2 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in RG2?
The average price/SF for Retail Property for sale in RG2 is about. The cost per sq ft for Retail Property in RG2 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in RG2?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in RG2?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in RG2 is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the RG2, Reading

With 3 retail units currently available for sale in RG2, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in RG2, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in RG2, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in RG2 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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