1-4 east reading retail centre - media.prd.pl.artirix.com...

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The average number of vehicles passing the centre on a weekly basis is circa 65,000. RETAIL UNIT TO LET (MAY DIVIDE) UNIT 1 - 4 EAST READING RETAIL CENTRE READING RG6 1BB BERKSHIRE Retail Sales Area 4,028 sq ft VERY PROMINENT UNIT WITH A1 CONSENT SUITABLE FOR A3 & A5 USES, SUBJECT TO PLANNING

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Page 1: 1-4 East Reading Retail Centre - media.prd.pl.artirix.com ...media.prd.pl.artirix.com.s3-eu-west-1.amazonaws.com/... · 14/07/2015  · 1:285ft 2. LEASE and RENT ... through professional

The average number of vehicles passing the centre on a weekly basis is circa 65,000.

RETAIL UNIT TO LET

(MAY DIVIDE)

UNIT 1 - 4 EAST READING RETAIL CENTRE

READING RG6 1BB

BERKSHIRE

Retail Sales Area 4,028 sq ft

VERY PROMINENT UNIT WITH A1 CONSENT

SUITABLE FOR A3 & A5 USES, SUBJECT TO PLANNING

Page 2: 1-4 East Reading Retail Centre - media.prd.pl.artirix.com ...media.prd.pl.artirix.com.s3-eu-west-1.amazonaws.com/... · 14/07/2015  · 1:285ft 2. LEASE and RENT ... through professional

LOCATION

The East Reading Retail Centre is situated in a highly prominent and accessible roadside location

on the busy A4 (London Road) at Woodley approximately 2 miles east of Reading Town Centre

and approximately 0.5 miles north of the prosperous town of Woodley.

DEMOGRAPHICS

With a population of 250,000 people and a catchment within 10km of 350,000, Reading has a

higher than average population within symbols of success, happy families and suburban comfort

social economic classifications as defined by Mosiac and a far lower less than average number of

welfare and borderline community.

RETAIL SALES AREA

Retail sales area 4,028 sq ft

It is possible that the unit maybe divided into two units.

PLANNING

The unit benefit from A1 use and is suitable for A3 and A5 uses, subject to planning.

PARKING

The development has the benefit of 51 car parking spaces providing a car parking ratio of

1:285ft2.

LEASE and RENT

A new lease is available direct from the freeholder for a term of years to be agreed at a rent of

£60,000 p.a.

RATING

Rateable Value (2010 List) £83,000

UBR (2015/16) 49.3pInterested parties are advised to confirm the rating liability with the Local Authority.

SERVICE CHARGE and INSURANCE

Service charge budget estimate £9,515 p.a.

EPC RATING

The current EPC rating is D 93. A full certificate is available on request.

COSTS

Each party to pay their own costs.

Page 3: 1-4 East Reading Retail Centre - media.prd.pl.artirix.com ...media.prd.pl.artirix.com.s3-eu-west-1.amazonaws.com/... · 14/07/2015  · 1:285ft 2. LEASE and RENT ... through professional
Page 4: 1-4 East Reading Retail Centre - media.prd.pl.artirix.com ...media.prd.pl.artirix.com.s3-eu-west-1.amazonaws.com/... · 14/07/2015  · 1:285ft 2. LEASE and RENT ... through professional

You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice

from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available

through professional institutions and trade associations or through the website www.leasingbusinesspremisies.co.uk

V I E W I N G S FIONA BROWNFOOT MRICS HARRY BEVINS

HICKS BAKER HICKS BAKER

T 0118 955 7083 0118 955 7092

M 07770 470 214 07717 827722

E [email protected] [email protected]

PUBLICATION June 2015