The premises are prominently located east of the main town centre at the junction of the A4 London Road, the A329 Wokingham Road and Kings Road, a very busy junction around which has grown a thriving secondary shopping area and a commercial community. The shops lay between the Co-op supermarket and Mr Cod (fish and chips).

The property comprises a large traditional two storey terrace premises with two shops on the ground floor facing the main London Road and three one bed flats, accessed via Cumberland Road and known as Cumberland Villas. No1 is on the first floor above the shops overlooking London Road and No 2 is on the first floor to the rear and No 3 is on the ground floor to the rear
(beneath Flat 2)
To the very rear of the site a new development is proposed comprising of three one bed flats with an amenity area.

SHOP-207 London Road
Internal Width 3.65 m 12’ 0”
widening to 4.57 m 15’ 0”
Depth 8.38 m 27’ 6”
Shop Area 34.83 sq m 375 sq ft
Storage Area 18.39 sq m 198 sq ft

SHOP-207a London Road
Internal Width 2.44 m 8’0”
Depth 8.38 m 27’ 6”
Shop Area 19.42 sq m 209 sq ft

FLAT 1-First Floor (above Shops)
Living Room, Bedroom, Kitchen area, Shower/WC

FLAT 2-First Floor rear
Living Room, Bedroom, Kitchen area, Bathroom /WC

FLAT 3-Ground Floor rear
Living Room, Bedroom, Kitchen area, Shower/WC

SHOP-207: Internal Repairing Lease for five years commencing 1 January 2006. Rents: year 1 £8000, years 2 & 3 £9500, years 4 & 5 £10,000
SHOP-207a: Internal Repairing Lease for twelve years commencing on 25 March 2003 with three yearly rent reviews. Current Rent: £4600 pa

FLAT 1 £600 pcm, FLAT 2 £550 pcm and FLAT 3 £575 pcm (full details on file)

The total current rental income is £33,300 per annum rising to at least £34,800 per annum on 1 January 2007

£449,000 (four hundred and forty nine thousand pounds) for two shops and three flats

UNDER OFFER

GEORGE CHILVERS or NICK BERESFORD-OWEN
CHILVERS PAGE
Tel: 0118 958 0656

www.chilverspage.co.uk