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5 Broad Street, Wokingham, Berkshire, RG40 1AX

£2,917 pcm
£35,000 pa

£31.88 per sq ft

Business rates & charges may apply

Commercial List, Covering Nationwide
SIZE AVAILABLE

1,098 sq ft

102 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent
Lease type:
Long term
Furnish type:
Unfurnished

Key features

  • Retail / Office Premises
  • Town Centre
  • Ground Floor- 102 sq m (1,098 sq ft)
  • Basement- 40 sq m (430 sq ft)
  • Suitable For a Range Of Uses (STP)
  • Shell Condition
  • Incentives Available
  • Good Transport Links

Description

LOCATION
The property is located at the corner of Broad Street and Rose Street in the heart of Wokingham town centre, opposite the Market Place and the iconic town hall. The wider area is of mixed use comprising a variety of residential, shops, commercial units, café's, restaurants and professional services. Wokingham rail station is 8 minutes walk away and offers good connections to Reading, Bracknell and Waterloo. The town benefits from good transport links with with M4, A329 and M3 close by.

The town has recently benefited from significant retail investment that draws consumers from a wide area. Occupiers within the immediate vicinity includes Boots, HSBC, Waitrose, Costa, Cook's, Zizzi, Cotes, Clarkes, Gail's and Greggs.

DESCRIPTION
The demise comprises a prominent ground floor unit with a large open plan area currently in a shell condition ready for tenants fitout. There is a good sized basement providing ancillary storage and a former bank vault to the rear. The property benefits from an attractive frontage with period windows, three phase electricity and ultra-fast broadband.

The property would be suitable for a variety of commercial uses (subject to planning). Please note this property is NOT suitable for takeaway use.

ACCOMMODATION
We have been informed that the property has the following net internal floor areas;

- Ground floor 102 sq m (1,098 sq ft)
- Basement 40 sq m (430 sq ft)

SERVICES
We understand that mains electricity, water and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective lessees must rely on their own investigations as to their existence and condition.

BUSINESS RATES
From enquiries made though the Valuation Office website, we understand that the following rating assessment applies;

Rateable value: TBC

Interested parties should make their own enquiries as to the amount of rates payable.

TERMS
The unit is available TO LET on a new full repairing and insuring lease for a term to be negotiated at an asking rent of £35,000 plus VAT per annum. A service charge of £1,500 plus VAT per annum is payable, please contact the agent for more information. The vendor would also consider selling the property for offers in excess of £500,000 plus VAT.

EPC
EPC: TBC

VAT
We understand that VAT will be charged on the rent.

LEGAL COSTS
Each party to pay their own legal costs incurred.

Brochures

5 Broad Street, Wokingham, Berkshire, RG40 1AX

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wokingham Station0.4 miles
  • Winnersh Station2.3 miles
  • Winnersh Triangle Station3.0 miles

About Commercial List, Covering Nationwide

Lindpet House, 5 Market Place, Grantham, NG31 6LJ

Commercial List are online commercial estate agents who are focused on providing a modern, cost-effective approach to property marketing, whilst upholding the core values of your traditional estate agent. We specialise in the sale and letting of all types of commercial properties, including retail, office, industrial, land, investments and leisure.

We offer a range of different marketing packages nationwide, starting from only £650 plus VAT, allowing you to find the right level of service to meet your requirements.

We pride ourselves on providing a professional service and having a hands-on approach to marketing, allowing you to identify a suitable tenant or purchaser for your property as quickly as possible.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 38-24. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Commercial List, Covering Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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