Calleva Park is a large Business Park home to over 100 businesses, set at the heart of the Reading, Newbury and Basingstoke triangle. Being out of town, Calleva Park enjoys good traffic flows, even at peak time. The M4 junction 12 is only 8 miles away and the M3 junction 6 is 9 miles distant.

The investment offered is one of the eight units comprising Comet House, a part brick and part clad property with 5 allocated car parking spaces to this unit. There are additional spaces for visitors.

This ground and first floor unit includes warm air heating vents, air conditioning on the first floor, separate male and female toilets, kitchenette and carpets throughout.

The ground floor is fitted out as offices although part of the ground floor is presently used for storage. The first floor is largely open plan offices.

The Estate is actively managed to a high standard by the original developers and land owners, Country Estates.

The property is on two floors and so designed that each floor could be let separately.

Ground Floor 86.95 sq m 936 sq ft
First Floor 108.14 sq m 1164 sq ft
Total Net Area 195.09 sq m 2100 sq ft

Total Gross Exterior Area 232.25sq m 2500 sq ft

NB We advise the Gross Exterior Area because traditionally the units on this Park have been let and rentalised on a Gross External basis.

‘Virtual Freehold’ ie 999 year lease from 29 May 1987 at a ground rent of £100 per annum.

The entire property is let to a company called 802 Ltd on a full repairing and insuring lease, for a term of three years from 22 April 2005 at a rent of £17,500 pa exclusive.
The tenant is also responsible for paying the service charge and buildings ands loss of rent insurance.

There is a three month rent deposit held by the solicitors for the freeholders.

Our clients are seeking offers in the region of £210,000 subject to contract.

sold

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

www.chilverspage.co.uk