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Savills UK & Ireland

Savills UK & Ireland

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23-24 Market Place, Reading, RG1 2DE

23-24 Market Place

Reading, RG1 2DE

Use Class E

1,615 sq ft

£55,000

Use Class

E

Size

1,615 sq ft

Rent pa

£55,000

Marketed by Savills UK & Ireland,

Last updated 16/09/2020
Prominent Retail Unit to Let

Key Points

  • Nearby operators include Starbucks, Marks & Spencer’s, Tesco Express, Honest Burger, The Botanist
  • High footfall levels, located on the main route from Reading Railway Station
  • Close proximity to King Street and The Oracle Shopping Centre
  • The premises occupies a highly prominently location in Market Place, close to the junction with The Forbury
The property is arranged over ground floor and basement only. 
The premises occupies a highly prominent location in Market Place, close to the junction with The Forbury. Market Place benefits from high footfall levels, being the main route from Reading Railway Station to King Street and The Oracle Shopping Centre.

Market Place welcomes a popular food market several days a week and benefits from a strong mix of independent and national operators. Operators in the nearby vicinity include Starbucks, Marks & Spencers, Tesco Express, Honest Burger, The Botanist and The Market House Food Hall.

Use Class

E - The proposed planning change to a new Commercial Use Class E (effective from 1st September 2020), will enable the premises to be used for alternative uses such as Retail, Restaurant, Office and Gym (D2) without the need for a change of use.

Tenure

Leasehold - The property is available by way of a new full repairing and insuring lease for a term to be agreed.

Viewing

Strictly by appointment.

Accommodation

Accommodation details below:

Areas

sq ftsq m
Ground Floor Sales89082.7
Basement Ancillary72567.4

Financial

Lease Type

New Lease

Rates

Up to 100% rates relief may be applicable on this property. Interested parties are advised to make their own enquiries with the local authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Sustainability

Energy Performance Certificate Information

A valid EPC for this property can be made available upon request.

Last Updated

16/09/2020

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 ©2021 Completely Property Technology Limited

Savills UK & Ireland

Savills UK & Ireland