| Location |
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The premises are situated in London Street, a conservation area, a few minutes walk from Reading’s main shopping area and the railway station and benefit from on site parking to the rear.
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| Description |
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The property comprises a small period building on ground, basement, first and second floors together with a rear car park accessed from which benefits from St Giles Close.
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| Accommodation |
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BASEMENT
Storage approximately 13.94 sq m 150 sq ft
GROUND FLOOR
Front Office 12.64 sq m 136 sq ft
Rear Office 10.13 sq m 109 sq ft
Extension 18.95 sq m 204 sq ft
WC
Net Area 41.72 sq m 449 sq ft
FIRST FLOOR
Front Office 17.47 sq m 188 sq ft
Rear Office/Kitchen 9.66 sq m 104 sq ft
Bathroom/WC 4.83 sq m 52 sq ft
Net Area 31.96 sq m 344 sq ft
SECOND FLOOR
Front Office 1 17.84 sq m 192 sq ft
Front Office 2 14.21 sq m 153 sq ft
Net Area 32.05 sq m 345 sq ft
TOTAL AREA 119.67 sq m 1288 sq ft
OUTSIDE
Car Parking Area
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| Tenure |
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The property is held on a 125 year lease from 12 July 1995 with five yearly rent reviews. The current rent is £2400 per annum. The user clause requires the premises are to be used for offices.
The rent review is calculated as 20% of the higher of the current occupational rack rent or the open market rental value, assuming a lease term for the greater of the remaining term or 25 years.
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| Price |
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Offers invited in the region of £220,000.
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| Legal Fees |
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Each party to pay their own legal fees and costs.
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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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