To be auctioned in Feb 2019 (dates to be confirmed)
Good business location, just 1 mile from M4 (Junction 11). Fronting a busy road in an area of major new residential development. An imposing detached building with the ground floor, until early October 2018 trading as an off licence and with the remainder of the accommodation currently run as a bed and breakfast business with a five star rating on Trip Advisor. The property extends to about 2500 sq ft of which about 1000 sq ft has until recently been occupied as retail space with associated storage. Ideal for a range of uses including the current luxury bed and breakfast business with the retail space suitable for a range of alternative occupiers - perhaps subject to planning.
Location
Spencers Wood is a most conveniently located expanding village just south of Junction 11 of the M4 motorway and close to some important business parks on the west side of Reading. Reading is an important business and commuter center. The main line railway station offers services to London Waterloo and Paddington, with a fast service to Paddington taking just over 20 minutes and Crossrail will come to Reading in 2019 giving quick and efficient access to the eastern side of London. Heathrow airport is a short drive.
DIRECTIONS - From Junction 11 of the M4 motorway, head west wards and at the first set of traffic lights take the left hand filter into Basingstoke Road. The Cricketers will be found after about ¾ mile on the left hand side.
Accommodation
The Cricketers – High class bed and breakfast
First Floor - There are 4 suites, namely:
Lords
The Golden Duck
The Pavilion Room
The Nineteenth Hole
Ground floor:
Entrance hall, Breakfast room, Kitchen, Utility area, Cloakroom, Sun room, Utility room
The retail premises:
Until recently trading as The Hop Inn – a highly regarded independent off licence with retail storage and office space. The stud walling has now been removed and there is an open plan area with a frontage of about 21ft narrowing at the rear to 18ft and an overall depth of about 18ft – about 1000 sq ft.
Outside:
Car parking for at least 3 cars in tandem to the left hand side of the house. (the shingle area to the right hand side of the property is not included in the sale – it is in separate ownership) Detached garage 20’4 x 26’3 There is a small area of formal garden in front of The Cricketers and a forecourt in front of The Hop Inn. There is driveway parking to the left hand side of the building which leads to the 2 car garage.
Garden:
The rear garden is mature and well screened. pedestrian access to the garden and large storage shed. 0.157 acres
Terms
SERVICES - All main services are connected
EER - C70
RATABLE VALUE - £16,500
COUNCIL TAX BAND - D
TENURE - Freehold with vacant possession upon completion of the purchase.
FIXTURES AND FITTINGS - The Seller will produce an inventory of the contents associated with the Bed and Breakfast business which are available for purchase at a fixed price. The auction contracts will enable the Buyer to exercise an option to purchase those contents. If the Buyer does not want them or does not exercise the Option Agreement in accordance with the Auction Contract, the contents will be removed.
LOCAL AUTHORITY AND PLANNING - The property is within the administration area of Reading Borough Council. We have researched the online planning portal and there are no recorded planning applications against this property using the post code “The Cricketers or The Hop Inn” in the search engine. The Local Authority search will identify whether the online planning portal is correct.