Retail unit – Wokingham Town Centre
Available Feb/March 2019
The existing business is relocating within the town centre
About 1020 sq ft of mainly open plan retail space with
kitchen and toilet to the rear
Rear access and one car parking space
Currently A1 Retail Use but suitable for other uses some without the need for planning permission. Other uses that might be suitable for this location include A2, A3, A5, B1 and D1 – see overleaf
New Lease – terms to be agreed or
Freehold For Sale
For further information or an appointment to view please contact our
Commercial Department on 0118 978 0777
66 Peach Street Wokingham RG40 1XH
LOCATION: A smart and well presented retail unit adjoining Wokingham town centre. There is limited free parking immediately in front of this parade of shops and just across the road in Easthampstead Road there are two public car parks. The regeneration of this part of the town is close to completion and includes a four storey development of apartments now being sold and with the first ones occupied and other new retail units and flats centered around Market Place.
THE PROPERTY: The current business has been established for over eighteen years and owing to their ongoing success are moving to a more central location. This is a well presented unit with smart laminate flooring, suspended ceiling with inset spotlights and speakers and the current tenants have we understand rewired the premises. At the rear of the unit there is a toilet to one side and kitchen/staff area to the other side. The property has a bold frontage of about 17’ including double fronted plate glass windows with central front door. There is a pedestrian door to the rear and a single car parking space.
EPC: Energy Performance Certificate - to be confirmed
TERMS: We are offering the property with a new lease – it is anticipated for a term of ten years with a five year rent review.
RENT: £23,000 per annum or
PRICE: £300,000 Freehold
RATEABLE VALUE: £19,750
POSSESSION: It is likely the current tenant will vacate the property around February/March 2019.
VIEWING: Strictly by appointment with the owner’s sole agent
Martin & Pole Telephone 0118 978 0777
Folio No: DCA/lea/36709/Oct2018
We have endeavoured diligently to ensure the details of this property are accurate. We have not tested the services, appliances or fittings (if any) referred to in the details. We recommend that each of the statements is verified and the condition of the property and of the services, appliances and fittings (if any) is investigated by you or your advisers before you finalise your offer or enter into a contractual commitment.
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