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11-16 MARKET PLACE Reading, RG1 2EG

8,573 sq ft
11-16 MARKET PLACE, Reading - Picture 2021-03-12-15-56-36
Use Class

Use Class

E

Size

Size

8,573 sq ft

Rent pa

Rent pa

POA

Former Bank - 11-16 Market Place For Sale

The premises comprises 11-12 Market Place (currently occupied by DW Stevenson Ltd at ground floor level) and 13-16 Market Place (vacant bank premises). We understand that 13-16 Market Place is Grade II listed - further information is available via the Historic England website.

  • The property extends over two separate buildings arranged over BMT GRD FF SF TF and FF

  • There are two separate car parking spaces to the rear

  • 11-12 Market Place (occupied) totals 1744 sq ft (162.03 sq m)

  • 13-16 Market Place (vacant) totals 15711 sq ft (1460 sq m)

  • Current passing rent for the tenant is £32500 pax with a lease expiry of 31/7/23

  • 2018 rent review is outstanding

  • Offers in the region of £2.25m for 13-16 Market Place

Accommodation

8,573 Sq.Ft

Financial

Rent

Total Rent Passing £32500 Total Price Quoted £2225000

Tenure

Freehold

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.

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This was last updated on 24/08/2021