A rare opportunity to find a lock up store unit on a secure site, with external store area.
Note are is no WC or kitchen facilities – this is just a lock up store.
Location
Bridge Farm is accessed from the A327 Reading Road between Shinfield and Arborfield Cross. The nearest M4 junction is number 11, approximately three miles away.
A new relief road was opened in 2021 which improves access south towards the M3 motorway.
Bridge Farm is a small commercial location in a quiet and pleasant setting but located close to the M4, Reading and Wokingham. There is a security gate with controlled access out of hours.
Accommodation
Size - 625 sq ft plus outside area of 590 sq ft
Terms
Lease terms - A new lease is available from the Landlord for a term of up to six years. The unit will be available from September 2023.
Annual Rent - £7,000 plus VAT per annum excluding all other outgoings paid monthly in advance.
Business Rates - The rateable value is £5100. The Annual Rates payable will be approx. £2550 but if the occupier is eligible for Small Business Rate Relief then the annual charge would be reduced to £Nil pa. Please contact Wokingham Borough Council to confirm exact costs.
Service Charge - A service charge is raised for estate upkeep and security at £400 per quarter plus VAT.
Other Outgoings include buildings insurance premium, business rates, utilities
Rent Deposit - A deposit of between three and six month’s rent will be required depending on status.
Legal Costs - The ingoing tenant will be required to pay £200 plus VAT toward the costs of setting up the lease documentation.
EPC - TBC