Palace Street Investments

25 April 2024  

60 Queens Road, Reading, Berkshire RG1 4QS

A freehold office building comprising approximately 22,500 sq ft originally built in 1986 but substantially refurbished in 2002. The property is let to The Centre for British Teachers on a long lease. Current rent receivable £563,025 per annum exclusive.

60 Queens Road, Reading, Berkshire

Palace Street have recently sold their freehold interest to The Church Commissioners for England for £7.34m reflecting a net initial yield of £7.2%.

Palace Street Investments Ltd
Torrington House · 111 Hare Lane · Claygate · Esher · Surrey KT10 0QY
Telephone 07956 226244 & 07850 316235

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