Unit 120/122 Broad Street Mall 203 Broad Street, Reading, RG1 7QE

To Let
Unit 120/122 Broad Street Mall, Broad Street Mall, Reading - Picture 2024-05-14-14-26-18
120/122 Broad Street Mall
Use Class

Use Class

E(a)

Size

Size

4,368 sq ft

Rent pa

Rent pa

£35,000

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 location on the first floor of the Centre. Other notable retailers within the scheme are Muffin Break, Greggs, Poundland, Iceland, Taco Bell and Superdrug.

Accommodation

4,368 Sq.Ft

The premises are arranged over first and second floors, comprising the following areas:

Areas
Sq.Ft
Sq.M
First Floor
3,416
317.35
Second Floor
1,022
94.94

Financial

Lease Type

New Lease

Lease Term

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

Rent

£43,000 per annum exclusive.

Costs

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

Service Charge

The current service charge for the financial year is £58,177.13 per annum.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £29,500 UBR (24/25) 0.499p All parties are to advised to make their own enquires to the relevant authority.

Rates

Rateable Year:
2024
Rateable Value:
£29,500.00
UBR:
49.9p/£

Sustainability

Energy Performance Certificate

C
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 C. 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 14/05/2024