The current business has been trading for about 44 years and prior to that was a fish and chip shop. The property forms part of Joel Park, a development undertaken in the 1960s including this parade of 7 shops. In addition to other new development during the intervening years, the area now adjoins the North Wokingham Strategic Development Location, including some 2,500 new homes.
The opportunity to enhance the takeaway only business include deliveries, must represent an exceptional opportunity.
Frontage 5.244m (17’3 ft) x 12.51m (41’3 ft)
The retail area at the front is 5.257m x 4.407m beyond which is the kitchen, store and WC.
First floor residential accommodation available by separate negotiation.
LOCATION: The shop is situated within a secondary parade of shops. Initially in the 1960s developed to serve the new houses on Joel Park but over the intervening 50-60 years there has been a lot of new residential development which in recent years has included the North Wokingham Strategic Development Location of 2500 houses. This area virtually adjoins Joel Park.
DESCRIPTION: The property forms part of a parade of 7 shops. The shop has a frontage of about 14’4ft internal and an overal depth of 41’3ft thereby extending to about 590 sq ft. At the front of the premises there is a Range comprising a double pan with double warming unit above. The kitchen area includes a Chinese cooker with canopy, oven, double sink unit, 2 extractor fans and storeroom with shelving. There is also a WC and rear access.
Outside there is a single car parking space allocated to these premises and generally there is good communal parking for visitors.
TERMS: The shop is available by way of a new lease for a term of 10 years with an upward only rent review after 5 years.
RENT: £20,000 per annum exclusive.
RATEABLE VALUE: Rateable Value £12,000
Small business relief may be available. Please check with the www.voa.gov.uk website or with your Accountant or other advisors.
EPC: Band C
LEGAL FEES: Each party to pay their own legal fees.
VIEWING: Strictly by appointment with the Landlord’s agents
MARTIN & POLE, Telephone: 0118 978 0777
IMPORTANT NOTE: We have endeavoured diligently to ensure the details of this property are accurate. We have not tested the services, appliances and 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, applicanes 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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