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65-66 203 Broad Street, Reading, RG1 7QE
Use Class
E
Size
2,210 sq ft
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:
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
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.
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 11/04/2024