Shop Let Agreed

Central Walk, Wokingham - £14,500

About 344 square feet gross internal (including kitchenette and WC)

Ground floor lock up shop with rear access

Available on a new lease – terms to be agreed

LOCATION: The property forms part of the commercial centre of Wokingham in a pedestrianised area within the Broad Street/Waitrose/Rose Street triangle.  It adjoins Sedero Lounge, a popular venue offering a fantastic range of food and drinks.  It is also on the “walk through” from Broad Street to Waitrose with the pedestrianised area extending to Rose Street and then into the pedestrianised regeneration area of the town centre.  For the right occupier, this is a superb setting.

DESCRIPTION: A newly created lock up retail unit in a busy part of Wokingham town centre.  It will offer central customer doors with window displays on either side.  Frontage 15 foot (internal) by about 22 feet deep including kitchenette and WC.

TERMS: The shop is available on a new lease with terms to be agreed.  This is a prime location – a good covenant/guarantors will be required.

RENT: £14,500 per annum exclusive

VAT: VAT will be charged additionally on the rent

Small business relief may be available dependent upon the rateable value and the tenants’ circumstances.   

The property is within the administrative area of Wokingham Borough Council.  The proposal to redevelop and extend Bailey’s House was first referred to in Planning Application F/2009/2435.  The planning permission anticipated A1 use for this building but now permitted development is available for A2, A3, B1 and C3.  Apart from change to A2 use, the permitted development is subject to prior approval.  The current owners however would not consider a change of use to C3.

VIEWING: Strictly by appointment with the owner’s joint agents, although all viewings will be undertaken by Martin & Pole.



Martin & Pole Estate Agents

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