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47-57 Loverock Rd
2,966 SF Industrial Unit Offered at £495,000 in Reading RG30 1DZ
Investment Highlights
- Located in a well-established and popular trading estate
- Close to local amenites
- Excellent car parking
Executive Summary
The premises are located between Loverock Road and Portman Road on the well-established and popular Battle Farm Trading Estate . J's 11 and 12 of the M4 are each within 5-miles providing access to London, Heathrow Airport and the national motorway network.
Property Facts
| Price | £495,000 | Building Class | C |
| Unit Size | 2,966 SF | Number of Floors | 1 |
| No. Units | 1 | Typical Floor Size | 15,401 SF |
| Total Building Size | 15,401 SF | Year Built | 1972 |
| Property Type | Industrial (Unit) | Lot Size | 0.90 AC |
| Property Subtype | Warehouse | Parking Ratio | 3.9/1,000 SF |
| Sale Type | Investment |
| Price | £495,000 |
| Unit Size | 2,966 SF |
| No. Units | 1 |
| Total Building Size | 15,401 SF |
| Property Type | Industrial (Unit) |
| Property Subtype | Warehouse |
| Sale Type | Investment |
| Building Class | C |
| Number of Floors | 1 |
| Typical Floor Size | 15,401 SF |
| Year Built | 1972 |
| Lot Size | 0.90 AC |
| Parking Ratio | 3.9/1,000 SF |
1 Unit Available
Unit 53
| Unit Size | 2,966 SF | Sale Type | Investment |
| Price | £495,000 | Tenure | Freehold |
| Price Per SF | £166.89 | Net Initial Yield | 7.68% |
| Unit Use | Industrial | NOI | £38,000 |
| Unit Size | 2,966 SF |
| Price | £495,000 |
| Price Per SF | £166.89 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 7.68% |
| NOI | £38,000 |
Description
An end terrace unit of steel frame construction under a metal roof incorporating translucent roof panels and with approximately 20 parking spaces.
Sale Notes
Prime investment opportunity Let to Motorrific Limited on a 7-year lease from 29th September 2024 producing a headline rental income of £38,000 per annum exclusive
Amenities
- EPC - E
Utilities
- Lighting
Presented by
47-57 Loverock Rd
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