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Spacious Commercial Unit To Let In Reading For Sale

Reading, Berkshire, UK
Asking Price:
On request
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

TO LET ON LEASE - Spacious Commercial Unit – Class E (RETAIL / CATERING / PROFESSIONAL SERVICES) – KINGS ROAD, READING, RG1

Location:- Busy road approximately 400 yards east of Reading Town Centre. High-rise office and residential development nearby with further development in progress.

Premises:- Spacious Shop (circa 27’ - 8.31m splay window frontage x circa 59’ - 18.15m depth narrowing to rear - total area around 1,406.09sq.ft. - 130.63m2). Cloakroom (toilet & hand basin).

Outside:- Small Yard.

Lease:- A new Full Repairing & Insuring Lease will be granted for a term of 5 or 10 years at a rent of £24,000 per annum (£2,000 per calendar month) exclusive of rates. Rent payable quarterly in advance. Six months Surety Rent Deposit - £12,000. Lease will be drawn within the Landlord & Tenant Act.

User:- Class E - potential Retail / Restaurant / Professional Services subject to P.P.

EPC Rating:- D - 92

Rates:- Rateable Value £15,750 - this is not the amount you will pay. Please contact local Rating Office for confirmation.

Property Information

Property:

Leasehold

Contact A H Lansley

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