Broad Street building in Reading gets £3.8m price tag

Published by

Tom Kilkelly

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89-89A Broad St in Reading, a B-class building dating as far back as 1750, is looking to sell in what Loop Net has dubbed a 'Prime Broad Street Investment Opportunity'.

The building is being leased by Waterstones and Fone World, with an annual freehold income of £325,000 per annum.

Nearby businesses include Santander, Iceland, and Metro Bank. The acting agents have been advised to accept offers within range of £3.8 million.

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The building is located in close proximity to the M4 and can be accessed by junctions 10, 11, and 12. The building is also in close proximity to Reading Train Station.

Notable recent developments and refurbishments in Reading include the £100 million redevelopment of Thames Tower, the refurbishment of Aquis House and Forbury Works, and the redeveloped One Valpy.

Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022. During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan). His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.