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1st Floor Business Unit, 20D Horseshoe Park, Pangbourne, RG8 7JW

1,200 Sq Ft / Offices

For Sale - £150,000.00

To Let - £12,000.00 per annum

Available - Last updated: 15 July 2024

The premises were built in the early 1980’s and constructed of a reinforced concrete frame with brick and PVC coated corrugated steel elevations.

Unit 20D is a first floor unit which has the benefit of overlooking open fields. Some internal partitioning has been installed creating three office areas and a store area within the unit. These partitions are demountable should pure open plan accommodation be required.

Location

Pangbourne is a small but busy village approximately 5 miles north west of Reading. Access from the M4 is 4 miles away via Junction 12. Horseshoe Park is a small, modern Business Park, accessed from Horseshoe Road off the A329 Reading Road.

Accommodation

FLOOR AREA: 1,200 sq.ft. approximately.

Terms

Sale Price - The 999 year Long leasehold interest in Unit 20d Horseshoe Park is for sale at a price of £150,000. The 999 year lease commenced in 1984

Rental Price - £12,000 per annum exclusive of all other outgoings.

RATEABLE VALUE: Rateable Value £11,000. Any business qualifying for Small Business Rate Relief would pay no business rates. If the occupier is liable to pay business rates the annual cost will be approx. £5500

SERVICE CHARGES:

External Estate Management & Out of Hours Security £428.96 plus VAT per quarter
Internal Upkeep and running costs of common area £120 per quarter
All prices subject to annual review

ANNUAL BUILDINGS INSURANCE: approx. £450.20 plus VAT per annum

Ground Rent £25 plus VAT per annum

LEGAL COSTS: Each side to pay their own legal costs

EPC: To be confirmed

VAT: Finance Act 1989 - The terms mentioned in these particulars are exclusive of VAT.

Specification

  • 3 car spaces plus use of common parking area.
  • Good quality carpet and partitioning.
  • Suspended Ceiling and recessed modern lighting.
  • Air Cooling Units
  • Alarm / Plenty of power sockets
  • Communal male and female toilets plus kitchenette.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Leasehold £150,000.00 NA
  To Let £12,000.00 per annum

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Contact agents

Tim Brailli

Michael King Commercial

0118 336 0510

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