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Unit 4 The Plaza, Wokingham, RG40 2LD

Use Class

Use Class

E

Size

Size

2,841 sq ft

Rent pa

Rent pa

£100,000

Market Sector

Market Sector

Retail & Shopping Park

Description

The premises are arranged over ground floor only.

Location

The premises are located within The Plaza Leisure Scheme which is anchored by Nuffield Health and is adjacent to the town's main car park providing approximately 500 spaces. Other operators in the vicinity include Giggling Squid, The Gig House Pub and Brown Bag Coffee Shop.

The scheme sits just behind High Street and close to the majority of the town's retail offering. The new 'Elms Field' retail and leisure development is immediately adjacent to The Plaza and will include a new Everyman Cinema, Premier Inn and Food Store.

Key Information

Viewing

Strictly by appointment.

Accommodation

2,841 Sq.Ft

Premises could potentially be split.

Areas
Sq.Ft
Sq.M
Ground Floor
12,303
1,142

Financial

Lease Type

New Lease

Lease Term

The premises are available by way of a new full repairing and insuring lease (subject to vacant possession) for a term to be agreed.

Rent

Subject to contract, rental offers are invited in the region of £100000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Transitional phasing may apply. We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Rates

Rateable Year:
2019
Rateable Value:
£103,000.00
Rates payable:
£50,779.00
UBR:
49.3p/£

This Property is Part of a Retail & Shopping Park

The Plaza

The Plaza is a mixed use retail and leisure development with a multi storey car park located in the town centre of Wokingham. The asset benefits from four retail and leisure units in addition to office accommodation and 6 residential flats sold off on long leasehold interests.

Colliers

Disclamier

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.

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