12-16 Station Road Reading, RG1 1JX

Under Offer
12-16 Station Road, Reading - Picture
Use Class

Use Class

E

Size

Size

8,865 sq ft

Rent pa

Rent pa

£170,000

Description

Class E opportunity

Located in the heart of Reading’s leisure pitch, this former bar is c 100m from the Station, has outside space at the rear, its fitted and comes with a 3am license, 7 days a week. Nearby occupiers include Pitcher & Piano, Wendys, Black Sheep Coffee, Wild Lime and Malmaison. Please refer to the attached copy of the street traders plan for further details.

Accommodation

8,865 Sq.Ft

The premises are arranged on ground and basement floors, having the following approximate accommodation:

Areas
Sq.Ft
Sq.M
Ground Floor
7,365
684.23
Basement
1,500
139.35

Financial

Lease Type

New Lease

Lease Term

The premises are available on a new lease effectively FRI lease for a term of years to be agreed.

Rent

£170,000 per annum exclusive.

Costs

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

Service Charge

The service charge of the current financial year is approximately £10,000 per annum.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £155,000 UBR (24/25) 0.546p All parties are to advised to make their own enquires to the relevant authority.

Rates

Rateable Year:
2024
Rateable Value:
£155,000.00
Rates payable:
£84,630.00
UBR:
54.6p/£

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 04/11/2024