Lorenz Consultancy Blog

Mixed Use Investment Sold in Reading

Written by Anthony Lorenz | 17/06/16
1-2 GUN STREET / 11 BRIDGE STREET, READING RG1
 

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.