65-66 203 Broad Street, Reading, RG1 7QE

To Let
65-66, Broad Street Mall, Reading - Picture 2024-04-08-09-06-59
Use Class

Use Class

E

Size

Size

2,210 sq ft

Rent pa

Rent pa

£57,500

Description

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 unit on the main mall of the scheme adjacent to F. Hinds and opposite Greggs.

Other prominet occupiers include Iceland, Taco Bell, Greggs, Poundland, Holland & Barrett, Burger King and Superdrug.

Key Information

Viewing

Strictly via appointment through joint agents, Green & Partners, contacting:

Legal

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

Accommodation

2,210 Sq.Ft

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

Areas
Sq.Ft
Sq.M
Ground Floor
1,815
168.61
Basement
395
36.69

Financial

Lease Term

New effectively full repairing and insuring lease, for a term to be agreed. Subject to vacant possession.

Rent

Subject to contract, rental offers are invited in the region of £57500 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Service Charge

The current service charge for the financial year is £25,568 per annum.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £36,096 UBR (24/25) 0.499p

Rates

Rateable Year:
2024
Rateable Value:
£70,500.00
Rates payable:
£38,493.00
UBR:
54.6p/£

Sustainability

The property has an EPC rating of D 77. A full report is available upon request.

This unit is part of Broad Street Mall

Broad Street Mall

Reading is an affluent Thames Valley commuter town and a major office centre in it's own right. The town has a primary catchment of approximately 1.7 million people. Broad Street Mall is centrally located in the heart of Reading and provides large stores for TK Maxx and New Look. It is currently undergoing a £2 million refurbishment to create a brighter, sharper environment. The scheme has an average footfall of circa 8 million people per week, providing 475,905 sq ft of retail space across 85 shops and offers approximately 740 parking spaces. There is an additional 10,000 sq ft of brand new prime space being created on-site.

Green & PartnersHicks Baker

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 20/08/2024