1 St Mary's Butts Reading, RG1 2LN

£ 36,000 pa / 2,034 sq ft
1 St Mary's Butts, Reading - Picture 2024-07-15-16-25-40
Use Class

Use Class

E

Size

Size

2,034 sq ft

Rent pa

Rent pa

£36,000

Description

Prime Class E Opportunity

Broad Street Mall provides 400,000 sq. ft. of retail and leisure accommodation, 750 parking spaces and is anchored by TK Maxx. The scheme is part of Phase 1 of the Minster Quarter regeneration scheme which will deliver 1300 new homes as well as a unique cultural hub within the heart of the town.

The unit occupies a prominent location on St Mary's Butts. Other notable retailers within the scheme are Muffin Break, Greggs, Poundland, Iceland, Taco Bell and Superdrug.

Accommodation

2,034 Sq.Ft

The premises are arranged over ground and basement floors comprising the following areas:

Areas
Sq.Ft
Sq.M
Ground Floor
1,117
103.77
Basement (Remote)
917
85.19

Financial

Lease Type

New Lease

Lease Term

A new effectively full repairing and insuring lease, for a term to be agreed, subject to vacant possession.

Rent

£36,000 per annum exclusive.

Costs

Each party to be responsible for their own legal costs incurred in this transaction.

Service charge

The current service charge for the financial year is £8,798 per annum.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £33,250 UBR (24/25) 0.499p All parties are to advised to make their own enquires to the relevant authority.

Rates

Rateable Year:
2024
Rateable Value:
£33,250.00
Rates payable:
£16,591.00
UBR:
49.9p/£

Sustainability

Energy Performance Certificate

B
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Energy Performance Certificate Information

The property has an EPC rating of B. A full report is available upon request.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 15/07/2024