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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.
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