Unit 6 Metro Centre, Toutley Road, Wokingham, RG41 1QW
3,006 Sq Ft / Other / Investment
For Sale
- £450,000.00
Available - Last updated: 19 November 2024
Summary
The property comprises a detached two-storey unit comprising open plan offices at first floor and a combination of meeting rooms and storage space on the ground floor.
The unit could also be reconfigured to include full storage / warehouse accommodation at ground floor level.
Key Points
Freehold investment opportunityHybrid office / warehousePopular commercial estateLet to Bio-Technology Associates Limited producing £30,060 per annum exclusive
Lease Summary
The entire property is let to Bio-Technology Associates Limited on an FRI lease.
- Term: 5 years, commencing on 1st February 2022 and ending on 31st January 2027
- Rent: £30,060 per annum exclusive
- Rent review: Upwards only to open market rent on 3rd anniversary
- Outside of the Security of Tenure Provisions of the Landlord and Tenant Act 1954
A copy of the lease is available on request.
Viewing & Further Information
Please contact the sole agent for further information or an appointment to view.
Anti-Money Laundering Regulations
To comply with Anti Money Laundering regulations, Haslams Surveyors LLP undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.
Location
The property is conveniently located between Wokingham and Reading. The property is within two minutes drive of the main Reading Road (A329) which provides swift access to Junction 10 of the M4 Motorway.Terms
The Freehold interest is available for sale.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£450,000.00
| NA |
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