Property description
---LOCATION---
The property is located in a busy parade of shops located just a short walk away from Reading Town Centre and University.
---DESCRIPTION---
The property is located on the south side of Reading`s city centre positioned in a prominent location in a busy parade of shops. The unit is currently split into two retail spaces, one which is set up as a newsagents and the other half as a hardware store. The property has a large glazed shop front fitted with security shutters.
---ACCOMMODATION---
Total shop floor - 991 sq ft.
All areas are measured to approximate in accordance with RICS/ISVA code of measuring practice 6th edition.
---TERMS---
The property is available on a new lease for a term to be agreed.
---RENT---
£15,000 per annum, exclusive.
---PREMIUM---
A premium of £25,000 of goodwill will be paid to take over current business, stock, fixtures and fittings.
--- BUSINESS RATES ---
We have been verbally advised that the property is assessed as follows:
- Rateable value: To be confirmed
- UBR (2010/11): To be confirmed
- Rates Payable: To be confirmed
Interested parties should make their own enquiries to the local authority to verify this information along with any relief that may be applied.
Notice
All photographs are provided for guidance only.