let

Description

Approx.1100 sqft. SQ.FT. total area
The property comprises two floors split over a ground floor retail shop and a basement currently used as storage. The property forms part of a busy parade of shops on one of the principal town centre shopping streets.
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Accomodation

The following breakdown indicates the area’s and dimensions of the unit:
FLOOR DESCRIPTION AREA sqm AREA sqft
Ground Retail Area 60.6 652.1
Basement Internal storage 37.2 400.3
  TOTAL 97.8sqm 1052.4 sqft

Tenancy / Accommodation Schedule

Key Features

  • Affluent commuter town
  • Commercial retail unit
  • Electric shutters
  • Ground floor lock up shop
  • Suitable for variable businesses (STP)

Location

The premise is in an enviable location at the heart of Reading’s retail hub. A short walk will get you to Reading’s Broad Street within a minute. Reading is particularly well connected. By rail, London is as little as 25 minutes away with up to five express trains departing every hour from Reading’s ultra-modern station. By road, the nearby M4 provides quick access to the entire motorway network, while the neighbouring Heathrow Airport, swiftly accessible by both rail and road.

Occupiers nearby include Primark, Greggs, Sam 99P, Vodafone, Halifax, Superdrug and KFC, amongst others. There is also a selection of independent retailers, café and restaurants.

Business Rates

Rateable Value: £16, 000
Rates Payable: Approx. £7,500
Interested parties are advised to confirm the rating liability with the Local Authority on 0118 937 3727.

Tenure

Rental: £35,000 per annum
Premium: £90,000