448 Basingstoke Rd
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448 Basingstoke Rd
29,336 SF Industrial Building Reading RG2 0RX £3,500,000 (£119/SF)
Investment Highlights
- Located on Basingstoke Road, Reading providing easy access to the A33, which in turn links with Junction 11 of the M4 and Reading town centre
- Reading is an established commercial location strategically placed at the heart of the Thames Valley, approximately 40 miles west of Central London
- Part let and income producing
- Warehouse with high quality offices and potential for alternative uses including showroom, trade and R&D (STP)
- Rarely available freehold
- Secure site with 2 access gates
Executive Summary
The ground floor self-contained office area is let to Fiscal Technologies until 14th April 2027 and produces a rental
income of £100,545 pa.
The property is being sold with the benefit of this lease and vacant possession of the warehouse and first floor office. It may be possible to relocate Fiscal Technologies to the first floor or gain vacant possession of the whole
income of £100,545 pa.
The property is being sold with the benefit of this lease and vacant possession of the warehouse and first floor office. It may be possible to relocate Fiscal Technologies to the first floor or gain vacant possession of the whole
Property Facts
| Price | £3,500,000 | Lot Size | 1.09 AC |
| Price Per SF | £119 | Rentable Building Area | 29,336 SF |
| Sale Type | Investment | Number of Floors | 2 |
| Tenure | Freehold | Year Built | 1960 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 2.45/1,000 SF |
| Building Class | C | Clear Ceiling Height | 13 ft 6 in |
| Price | £3,500,000 |
| Price Per SF | £119 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.09 AC |
| Rentable Building Area | 29,336 SF |
| Number of Floors | 2 |
| Year Built | 1960 |
| Tenancy | Single |
| Parking Ratio | 2.45/1,000 SF |
| Clear Ceiling Height | 13 ft 6 in |
Amenities
- Storage Space
Utilities
- Water - City
- Sewer - City
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448 Basingstoke Rd
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