| Location |
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The property is located to the east of Reading’s town centre on the Wokingham Road, one of the best secondary shopping areas in Reading.
The premises are prominently placed on the corner of Grange Avenue, almost opposite Crescent Road, in a busy parade which includes a variety of stores restaurants and takeaways.
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| Description |
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The premises comprise a very prominent a corner lock up shop with return frontage to Grange Avenue together with basement.
The basement used to be a television showroom and has panelled walls. It may be possible to create an additional entrance/exit for the basement from the outside.
The main property is in the process of being upgraded and redevelopment is proposed at the rear.
Our Clients will be installing a sink for refreshments at the back of the shop and a new WC suitable for wheel chairs together with a wash hand basin.
It is intended that the tenant will be responsible for any heating to the unit and we understand that the shop requires rewiring.
The shop also benefits from an A2 office use.
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| Accommodation |
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GROUND FLOOR
SHOP
Internal Width 5.51 m 18’ 1”
Shop Depth 13.08 m 42’ 11”
Retail Area 69.49 sq m 748 sq ft
Office 9.38 sq m 101 sq ft
BASEMENT
Storage Area 35.11 sq m 378 sq ft
Total Area 113.98 sq m 1227 sq ft
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| Business Rates |
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The present Rateable Value of £13,000 relates to the entire ground floor which includes storage which is not being let.
Therefore the Rates payable will be less than £5629 pa
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| Lease |
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A new full repairing and insuring lease is offered for a term to be agreed.
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| Rent |
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£16,500 per annum exclusive.
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| Legal Fees |
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Each party to bear their own legal fees and costs.
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| Status |
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| Viewing |
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For
further information or an appointment to view please contact:
GEORGE
CHILVERS or NICK BERESFORD-OWEN
CHILVERS PAGE
Tel: 0118 958 0656
www.chilverspage.co.uk
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