Unit 6 Metro Centre

Toutley Road, Wokingham, RG41 1QW

3,006 sq ft
For Sale
Investment / Office / Industrial / Warehouse

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Freehold tenanted investment opportunity available to purchase in Wokingham

Property Type Investment / Office / Industrial / Warehouse
Tenure For Sale
Size 3,006 sq ft
Price £450,000
Business Rates £4.07 per sq ft
Energy Performance Rating This property has been graded as D (91)

Key Features

  • Freehold investment opportunity
  • Hybrid office / warehouse
  • Popular commercial estate
  • Let to Bio-Technology Associates Limited producing £30,060 per annum exclusive

Location

The property is conveniently located between Wokingham and Reading. The property is within two minutes drive of the main Reading Road (A329) which provides swift access to Junction 10 of the M4 Motorway.

Description

The property comprises a detached two-storey unit comprising open plan offices at first floor and a combination of meeting rooms and storage space on the ground floor.

The unit could also be reconfigured to include full storage / warehouse accommodation at ground floor level.

Specifications

- Air conditioning and heating
- Suspended ceilings
- Kitchen
- Male and Female WC’s
- Roller shutter loading door
- 4 car parking spaces

Available area

We understand the Gross Internal floor areas (GIA) are as follows;

Name sq ft sq m
Ground 1,503 139.63
1st 1,503 139.63
Total 3,006 279.26

Terms

The Freehold interest is available for sale.

Lease Summary

The entire property is let to Bio-Technology Associates Limited on an FRI lease.

- Term: 5 years, commencing on 1st February 2022 and ending on 31st January 2027
- Rent: £30,060 per annum exclusive
- Rent review: Upwards only to open market rent on 3rd anniversary
- Outside of the Security of Tenure Provisions of the Landlord and Tenant Act 1954

A copy of the lease is available on request.

Anti-Money Laundering Regulations

To comply with Anti Money Laundering regulations, Haslams Surveyors LLP undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.

Viewing & Further Information

Please contact the sole agent for further information or an appointment to view.