1,436 sq ft
|Size||1,436 sq ft|
|Freehold Price||£400,000 Guide Price|
|Business Rates||Upon Enquiry|
|Energy Performance Rating||This property has been graded as D (95)|
The property lies on the western side of Reading town centre and occupies a prominent position on the west side of St Mary's Butts a short distance to the north of its junction with Castle Street, Bridge Street and Gun Street.
St Mary's Butts is a High Street Heritage Action Zone (HSHAZ).
Nearby occupiers include: Be at One, BrewDog and Bills Restaurant.
Reading is the commercial capital of the Thames Valley which lies approximately 40 miles to the west of Central London and is served by way of junctions 10, 11 and 12 of the M4 motorway.
Reading offers multiple shopping and leisure facilities and has the benefit of a high speed rail link serving London Paddington and the West Country.
The property provides the following accommodation measured on a Net Internal Area (NIA) :
|Name||Sq ft||Sq m|
|Outdoor - External Stores||531||49.33|
|Unit - Retail (ITZA)||740||68.75|
The property is a charming Grade II Listed mid-terraced building original built circa 17th Century.
The retail unit has a traditional glazed frontage and a main front retail area together with a series of more secondary retail areas to the rear along with a WC and office.
Externally to the rear of the property is an enclosed courtyard area which in turn leads to two large prefabricated detached store rooms. It is quite unique for a retail unit to have this much external storage space so close to the town centre.
The Property lies within the Reading High Street Heritage Action Zone (HSHAZ) and has been selected by Reading Borough Council and Historic England to be eligible for a grant to help with repairs or other work which will restore the building and enhance the area.
More information can be found at:- www.reading.gov.uk/planning/reading-high-streets-heritage-action-zone/physical-interventions, or contact us for further details.
- 8.7m frontage
- 3 phase power
- Air conditioning
- Separate office
- Two large external storage units
The property will be sold freehold with vacant possession.
The upper parts of the property was sold off in 1986 on a 999 year lease. This element of the property now provides a nominal peppercorn rent.
Each party to bear their own legal costs.
The property is not elected for VAT.
Please contact the sole agents for further information or an appointment to view.