2,261 sq ft
For Sale
Investment / Office
| Property Type | Investment / Office |
| Tenure | For Sale |
| Size | 2,261 sq ft |
| Price | £445,000.00 |
| Business Rates | £7.67 per sq ft |
| Energy Performance Rating | This property has been graded as C (60) |
The premises are located within the popular Richfield Place office development on Richfield Avenue, a short walk from Reading town centre and train station providing regular high - speed services to London (Paddington) and the West Country.
Junctions 10, 11 and 12 of the M4 motorway are easily accessible providing excellent communications with London, Heathrow Airport and the national motorway network.
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An attractive, modern, end of terrace, 2-storey, open plan office with a pitched slate roof, good car parking within a short walk to Reading train station.
- Producing £35,000 pax (£15.50 psf)
- Of Interest to Investors and Future Owner Occupiers
- Open Plan Floors
- Suspended Ceiling with LED Lighting (in part)
- 3 compartment underfloor trunking
- Break out area / WCs and shower room
- 6 car parking spaces
- Short walk to Reading Train Station
- The Intention is to sell as a Transfer of a Going Concern
We understand the Net Internal floor areas (NIA) are as follows;
| Name | sq ft | sq m |
|---|---|---|
| Unit - GF | 1,107 | 102.84 |
| Unit - FF | 1,154 | 107.21 |
| Total | 2,261 | 210.05 |
The virtual freehold (residue of a 999-year lease from 5th May 1958) is offered For Sale with the benefit of the existing 5-year Fully Repairing & Insuring lease from 17th December 2021 to Oxford Immune Algorithmics Limited with a mutual break option after 2.5 years and annual rent of £35,000 pax.
Each party to bear their own legal costs.
The property is elected for VAT.
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.
Please contact the sole agent for further information or an appointment to view.
