1,900 sq ft
Lease Assignment
Industrial / Warehouse
| Property Type | Industrial / Warehouse |
| Tenure | Lease Assignment |
| Size | 1,900 sq ft |
| Business Rates | £4.20 per sq ft |
| Estate Charge | n/a |
| Energy Performance Rating | This property has been graded as E (120) |
Milford Road Trading Estate is accessed from Richfield Avenue via Tessa Road located approximately half-a-mile to the north-west of Reading town centre train station.
Reading railway and bus stations are within a short distance with Junctions 10, 11 and 12 of the M4 each being within 5 miles providing excellent communications with London/Heathrow Airport and the national motorway network.
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The premises comprise a workshop / storage unit of brick construction under a flat timber framed roof.
- 3-phase power supply
- Electric loading door (2.45mW x 3mH)
- Min eaves height approx. 3.1m
- Concrete floor
- LED lighting
- WC and tea point facilities
- All incoming tenants are required to pay a rent deposit, the level of which is determined on covenant strength
We understand the gross Internal Area (GIA) is as follows
| Name | sq ft | sq m |
|---|---|---|
| Ground - Workshop / Storage | 1,900 | 176.52 |
| Total | 1,900 | 176.52 |
Available by way of an assignment of the existing FRI lease expiring April 2030 at the passing rent of only £14,606 pa rising to £19,475 pa in April 2027.
Alternatively, a new FRI sub-lease with break option is available at market rent of £21,000 pa.
Each party to bear their own legal costs.
Prices are quoted exclusive of 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 agents for further information or an appointment to view.
