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Home Business

On-sale Broad Street building given £3.8 million valuation

Staff Writer by Staff Writer
Sunday, November 12, 2023 6:01 am
in Business, Reading
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Picture: Smuconlaw via Wikimedia Commons

Picture: Smuconlaw via Wikimedia Commons

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A B-CLASS building in Broad Street is up for sale in what has been described as a “prime Broad Street investment opportunity”.

Currently housing Waterstones and Fone World for an annual freehold income of £325,000 a year, 89-89A Broad Street has stood since the 1750s. It has been suggested that the acting agents will accept offers around £3.8 million.

Other developments in the area in the area include the £100 million spent on the Thames Tower and the refurbishment of Arquis House and Forbury Works.

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