11,955 sq ft Warehouse & Industrial, For Sale
|Property Type||Warehouse & Industrial|
|Size||11,955 sq ft|
|Business Rates||£20,716.75, per sq ft, (based on rateable value of £43,250)|
|Energy Performance Rating||This property has been graded as C:57 C|
The property is situated approximately 3 miles to the south of Reading town centre on the east side of Elgar Road in the established Elgar Road industrial area, which largely comprises of industrial warehouses and distribution units. Vehicular access is good with the roads suitable for HGV access.
Junction 11 and 12 of the M4 are both approximately 3 miles south of the property.
The property comprises a semi-detached warehouse with offices of steel portal frame construction with a corrugated profile sheet metal roof.
Internally the space is arranged on two levels; a ground floor warehouse with a small office to the front of the unit and a first floor metal mezzanine.
The office accommodation at first level is finished with carpeting, painted plastered walls, suspended ceiling with Cat II lighting, and double glazed windows and gas central heating.
Externally the property benefits from a small yard area with space for 8 car parking spaces. Access to the property is via an entrance lobby at the front of the unit facing Preston Road, with the entrance to the site being shared with neighbouring units on Preston Road.
We understand the Gross Internal Areas (GIA) are as follows;
|Floor||sq ft||sq m|
|Warehouse / Office / WCs / Store||6,458||610.10|
|Total inc. Mezzanine||11,955||1,120.92|
The long leasehold interest in the property is for a term of 980 years from the 13th December 2007 and is available to purchase. Price: £660,000.
Each party to bear their own legal costs. VAT is payable
Please contact the sole agents for further information or an appointment to view.