01476 930891
The property is located at the corner of Broad Street and Rose Street in the heart of Wokingham town centre, opposite the Market Place and the iconic town hall. The wider area is of mixed use comprising a variety of residential, shops, commercial units, café's, restaurants and professional services. Wokingham rail station is 8 minutes walk away and offers good connections to Reading, Bracknell and Waterloo. The town benefits from good transport links with with M4, A329 and M3 close by.
The town has recently benefited from significant retail investment that draws consumers from a wide area. Occupiers within the immediate vicinity includes Boots, HSBC, Waitrose, Costa, Cook's, Zizzi, Cotes, Clarkes, Gail's and Greggs.
The demise comprises a prominent ground floor unit with a large open plan area currently in a shell condition ready for tenants fitout. There is a good sized basement providing ancillary storage and a former bank vault to the rear. The property benefits from an attractive frontage with period windows, three phase electricity and ultra-fast broadband.
The property would be suitable for a variety of commercial uses (subject to planning). Please note this property is NOT suitable for takeaway use.
We have been informed that the property has the following net internal floor areas;
- Ground floor 102 sq m (1,098 sq ft)
- Basement 40 sq m (430 sq ft)
We understand that mains electricity, water and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective lessees must rely on their own investigations as to their existence and condition.
From enquiries made though the Valuation Office website, we understand that the following rating assessment applies;
Rateable value: TBC
Interested parties should make their own enquiries as to the amount of rates payable.
The unit is available TO LET on a new full repairing and insuring lease for a term to be negotiated at an asking rent of £35,000 plus VAT per annum. A service charge of £1,500 plus VAT per annum is payable, please contact the agent for more information. The vendor would also consider selling the property for offers in excess of £500,000 plus VAT.
EPC: TBC
We understand that VAT will be charged on the rent.
Each party to pay their own legal costs incurred.
For an appointment to view or further information please contact;
Charlie Burrows
e: charlieb@commerciallist.co.uk t: 07923 448308
Anna Romanenko
e: anna@barbarellastudio.com t: 07833 643150
