Showroom Yard & Workshop In Reading To Let

Business description

Showroom / office (a1 / a2 planning use). Car parking yard & workshop store.

Currently trading as an accident claims agency (previously a car sales garage).

Premises:- forecourt (space for two cars). Showroom / office (approx. 669 sq. Ft. - 62.14m2) - security shutters, spotlighting, etc.).

Workshop unit at rear which has an inspection pit and potential to install a car lift.

Car parking yard at rear (space for eleven cars, side gateway access).

Lease:- a new full repairing & insuring lease will be granted for a term of 3/6/9/12 years at a commencing rent of £20,000 per annum, exclusive of rates, subject to 3 year upward only rent reviews.

Rent deposit:- a six month deposit will be required as surety.

Planning use:- a1 / a2. Ingoing tenant is advised to make direct enquiries to reading borough council to ensure that their intended use is permitted.

Business rates:- interested parties should make their own enquires to the local authority.
Rateable value (2010):- £9,300; u.b.r:- £0.433; rates payable:- £4,027.

Legal costs:- ingoing tenant will be required to pay the landlords legal costs.

Availability:- available from august 2012.

Viewing:- by appointment

Property information

Property:

Leasehold

Lease terms:

A new Full Repairing & Insuring Lease will be granted for a term of 3/6/9/12 years at a commencing rent of £20,000 per annum, exclusive of rates, subject to 3 year upward only rent reviews.

Leasehold rent:

£20,000 per annum

Planning consent:

A1 / A2