Prime Retail / Grab & Go Opportunity – New Lease Available

LOCATION

The premises are situated on a prominent parade in this affluent western suburb of the town of Reading. The premises is adjacent to Costa Coffee and Sue Ryder Care. Nearby retailers include SMC Flooring, Sansome & George Estate Agents, Cats Protection, Istanbul Mangal Restaurant, Forresters Hair Salon, The Switch all day café and the Co operative food.

The landlord offers 2 hours free parking for customers to the parade.

TERM

For a term to be agreed on an effectively full repairing and insuring basis and excluded from the Security of Tenure provisions of the Landlord & Tenant Act.

RENT

Offers invited in excess of £25,000 per annum exclusive.

ACCOMMODATION

The premises are arranged over ground and first floors and the potential for designated car parking at an additional cost. The unit was recently refurbished throughout ready for an ingoing tenants
immediate fit out.

The unit has the following approximate dimensions and areas:

Internal Width                 15’6″  /  4.72m

Internal Width                1,009 Sq Ft  /    94 sq m
Shop Depth                      1,125 Sq Ft  /   105 sq m
Ground Floor                   580 Sq Ft    /     81 sq m
1st Floor                            232 Sq Ft    /   385 sq m

RATES (2022/23)

Rateable Value:                              £9,100
Rates payable (UBR: £0.499):    £4,541

All interested parties should verify the business rates with the relevant local authority.

USE

The premises benefit from the new Class E planning consent which will enable the premises to be used for various commercial uses such as retail, restaurant, office and gym without the need for change of use.

VIEWING

By appointment with sole agents Stephen Kane & Company.

George Brooke     georgebrooke@stephenkane.co.uk | 07739 913888
Jonathan Cowan  jonathan cowan@stephenkane.co.uk   | 07973 619090