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Unit 62 203 Broad Street, Reading, RG1 7QE
Use Class
E
Size
1,375 sq ft
Rent pa
£35,000
Description
PRIME CLASS E OPPORTUNITY.
Broad Street Mall provides 400,000 sq. ft. of retail and leisure accommodation, 750 parking spaces. 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 ground floor of the Centre. Other notable retailers within the scheme are GrapeTree, The Works, Greggs and Boswells Café. Please refer to the attached copy of the street traders plan for further details.
Key Information
Legal
Each party to be responsible for their own legal costs incurred in this transaction.
Accommodation
1,375 Sq.Ft
The premises are arranged over ground and basement floors, comprising the following area:
Financial
Lease Term
A new effectively full repairing and insuring lease, for a term to be agreed.
Rent
£35,000 per annum exclusive.
Service Charge
The current service charge for the financial year is £17,889.36 per annum.
Business Rates
We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £19,750 UBR (25/26) 0.499p All parties are to advised to make their own enquires to the relevant authority.
Rates
Sustainability
The property has an EPC rating of D. 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 ©2025 Completely Property Technology Limited
This was last updated on 27/05/2025