The property is situated on Reading's busy thoroughfare of Cross Street in close proximity to the towns prime retailing pitch on Broad Street. The property is a brick and stone construction arranged of ground, basement and three upper floors.
The property is let to Watch Shop Ltd on full repairing and insuring terms by way of assignment from Fat Face until 4th May 2018. The current passing rent stands at £66,250 with the 6 flats on the upper floors paying £80 each as a ground rent.
Net Initial Yield