Wokingham, an affluent Berkshire market town with a population of c.47,000, is located some 18 miles from Reading and 4.5 miles from Bracknell and within an hour and a quarter commuting distance to London by car and train.
Location
The subject premises occupies a prime position on the North side of Broad Street which accommodates much of Wokingham’s thriving restaurant food and beverage offer. Nearby occupiers include Piccolo Arco, Cote, Pizza Express and Zizzi. The local community is well served by a substantial retail offer and the town centre boasts a wide range of both National and quality independent retailers. Established retailers include Waitrose, Gails, Greggs, Waterstones and Fat Face.
Accommodation
Areas
The premises is arranged over the ground and first floor. The ground floor is currently used as a Building Society with ancillary accommodation and fitted offices at the first floor and comprises the following approximate areas:-
NIA GIA
Ground Floor:- 1,133 sq ft (105.23 sq m) 1,301 sq ft (120.91 sq m)
First Floor:- 1,064 sq ft (98.86 sq m) 1,250 sq ft (116.13 sq m)
Total 2,197 sq ft (204.09 sq m) 2,551 sq ft (237.04)
If required and subject to planning, there is a potential ability to extend the ground floor accommodation, further details available on request.
Terms
Lease Term
The premises are available by way of a new fully repairing and insuring (FRI) lease for a term to be agreed. The lease to be contracted out of the Security of Tenure provisions of the Landlord & Tenant act 1954 Part II.
Quoting Rent.
On Application
User
The premises is suitable for commercial service and business uses which includes Retail and Restaurant uses.
Planning
Uses within Use Class E of the Town & Country Planning (Use Classes) Order 1987 as amended by The Town and Country (Use Classes) (Amendment) (England) Regulations 2020.
VAT
The premises has not been elected, so VAT will not be payable on the Rent.
EPC
The premises has a rating of 75 C
Legal Costs
Each party to be responsible for their own legal and professional costs incurred in connection with this transaction.
Specification
A self contained building over ground and first floor of mainly brick construction with a tild roof.