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Commercial Property for sale

Peach Street, Wokingham, Berkshire, RG40 1XJ

Guide Price* £375,000

Property Description

Key features

  • Freehold town centre retail investment t/a Snappy Snaps
  • Asset management/development opportunities
  • Planning permission for two flats

Full description

Tenure: Freehold

For Public Auction at 5th December at 11:00

Location
Wokingham is an affluent commuter town situated along the M4 motorway corridor, about 38 miles west of central London, 8 miles south east of Reading and 9 miles north east of Basingstoke. The property is located in the town centre on the south side of Peach Street between Luckley Path and Goatley Way with nearby occupiers including Marks & Spencer, Boots and Nandos.

Description
A period three storey mid-terraced property of traditional construction, consisting of a ground floor shop and ancillary store and offices on the first and second floors. There is rear access and one car parking space allocated to the retail unit.

Tenure
Freehold.

Planning Authority
Wokingham Borough Council (0118 974 6000) www.wokingham.gov.uk.

Planning & Development
Planning permission (ref:160986) was approved on 22/09/2016 for the conversion of the upper floors into a one bedroom unit and a two bedroom unit, plus a single storey rear extension, a three storey rear extension, rear roof dormer extension, front roof light and external staircase.

For EPC Rating please see legal documentation.

Viewings
1pm Friday 25th November

Please refer to the legal documentation.

For further information please go to www.lshauctions.co.uk

Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lambert Smith Hampton, Auctions on 0208 012 4639.


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