8,707 sq ft
Lease Assignment
Industrial / Warehouse
| Property Type | Industrial / Warehouse |
| Tenure | Lease Assignment |
| Size | 8,707 sq ft |
| Rent | £10.80 per sq ft |
| Business Rates | £5.37 per sq ft |
| Estate Charge | £2,500 per annum |
| Energy Performance Rating | This property has been graded as C (72) |
Norcot Road Industrial Estate comprises an estate of seven warehouse units located approximately 2 miles west of Reading's town centre. Access to the M4 motorway is via either Tilehurst to Junction 12 or south Reading via the A33 dual carriageway leading to the much-improved Junction 11.
The estate is well served by local amenities including shops and public transport.
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A semi-detached unit constructed around a steel portal frame with brick and part clad elevations, under a new fully insulated pitched roof. The unit has recently been refurbished.
- 2 electric, full height loading doors 4.5m wide x 5.0m high
- Minimum eaves approx. 5.0m
- 8.5m at centre of pitch with clear span
- Painted concrete floor
- 3 phase power supply
- Gas supply
- Lighting
- Offices have heating, carpets, suspended ceilings, recessed lighting, kitchen and WC’s
- Excellent car parking and loading
We understand the Gross Internal Area (GIA) is as follows:
| Name | sq ft | sq m |
|---|---|---|
| Ground - Warehouse | 7,596 | 705.69 |
| Ground - Office / WCs | 358 | 33.26 |
| 1st - Office | 753 | 69.96 |
| Total | 8,707 | 808.91 |
The property is available by way of an assignment of the existing FRI lease running for a term of 10-years expiring 28th March 2029. The lease is protected by the Landlord and Tenant Act and has a low passing rent of only £94,000 per annum, equating to £10.80 psf.
Each party to bear their own legal costs.
Rents are quoted exclusive of VAT which may be charged.
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.
