A three-storey office building in Reading town centre is up for sale.
The building in South Street is being sold by Nest Seekers International.
Potential buyers will have the opportunity to convert the building into a different use, subject to planning permission.
The property consists of two adjoining office buildings, which are currently set up as six office units.
The building is freehold and will be sold with no tenants.
According to the estate agents, the building has an estimated income of around £90,000 per year, based on the current office units.
This provides a potential yield of 6.9 per cent.
The property is located in a convenient spot in Reading, with Reading train station just half a mile away.
Reading West station is 1.1 miles away, and Earley station is 2.2 miles away.
The building is also close to several schools, including The Deenway Montessori School, which is 0.07 miles away, and Kendrick School, which is 0.08 miles away.
The Abbey School Reading and Red Balloon Learner Centre Reading are both 0.3 miles away.
The Deenway Montessori School caters for children aged 3 to 16 and has an Ofsted rating of 'requires improvement.'
Kendrick School, on the other hand, caters for children aged 11 to 18 and has an Ofsted rating of 'outstanding.'
The Abbey School Reading caters for children aged 3 to 19, while the Red Balloon Learner Centre Reading caters for children aged 11 to 17.
Nest Seekers International is an estate agency with offices across the UK, as well as in the United States and Spain.
The company deals with a range of properties, from residential homes to commercial buildings.
The sale of the office building in Reading comes at a time when the property market is seeing increased activity, with more people looking to invest in properties.
This is due to a number of factors, including low interest rates and a shortage of available properties.
As a result, many properties are being sold for above their asking price.
The property in South Street, Reading, is expected to attract a lot of interest due to its potential for development and its prime location.
Potential buyers are advised to contact the estate agents for more information.
This includes details about the possibility of converting the building into a different use, as well as any other additional information about the property.
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