Mixed Use Investment Sold in Reading

By Anthony Lorenz on 17/06/16
1-2 GUN STREET / 11 BRIDGE STREET, READING RG1
 
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The Freehold sale of 164 Old Brompton Road, led to the sale of the above premises to the same purchaser for some £750,000.

The building provides leisure accommodation on ground and basement levels, let to BeAtOne Bar until 2023 at a current rent of £45,000 per annum exclusive, and upper floor offices let to Brand 786 until November 2018 at a rent of £11,400 per annum exclusive.

 

 

 

Topics: Commercial Property, News Article, The Lorenz Consultancy, Investment