Crossrail town. Reading to Bond Street in 54 minutes
100 metres from John Lewis and Primark
Other neighbouring occupiers include Boots the Chemist, Waterstones, Sports direct, Pret a Manger, Barclays and Santander
Lot 18
Auction 5th May 2021
Vacant Possession
Status Sold
Price £506,000
Sector High Street Retail
Auction Venue Live Streamed Auction
On behalf of a Major Fund
Property Information
Location
Miles
8 miles south-west of Henley-on-Thames
25 miles south-east of Oxford
40 miles west of Central London
Roads
A33, A329(M), A404(M), M4
Rail
Reading Railway Station
Air
London Heathrow
Situation
Reading is a popular regional retailing destination and major commercial and administrative centre for the Thames Valley region. The town benefits from excellent transport links by road, being easily accessed via Junctions 10, 11 and 12 of the M4 motorway, by rail and by air, being some 29 miles west of Heathrow Airport. The property is situated on the south side of the busy pedestrianised Broad Street, in a popular retailing location with nearby occupiers including John Lewis, Primark, Marks & Spencer, Boots the Chemist, Sports direct, Pret a Manger, Barclays and Santander.
Tenure
Freehold.
Location
Miles
8 miles south-west of Henley-on-Thames
25 miles south-east of Oxford
40 miles west of Central London
Roads
A33, A329(M), A404(M), M4
Rail
Reading Railway Station
Air
London Heathrow
Situation
Reading is a popular regional retailing destination and major commercial and administrative centre for the Thames Valley region. The town benefits from excellent transport links by road, being easily accessed via Junctions 10, 11 and 12 of the M4 motorway, by rail and by air, being some 29 miles west of Heathrow Airport. The property is situated on the south side of the busy pedestrianised Broad Street, in a popular retailing location with nearby occupiers including John Lewis, Primark, Marks & Spencer, Boots the Chemist, Sports direct, Pret a Manger, Barclays and Santander.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation with first and second floor ancillary accommodation. The property has historically been used in conjunction with the adjoining unit and some of the party wall has been partially removed.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band D. See legal pack.
Description
The property comprises ground floor retail accommodation with first and second floor ancillary accommodation. The property has historically been used in conjunction with the adjoining unit and some of the party wall has been partially removed.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band D. See legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Ground First Second
Retail Ancillary Ancillary
113.70 sq m 41.20 sq m 42.50 sq m
(1,224 sq ft) (443 sq ft) (457 sq ft)
VACANT POSSESSION
Total
197.40 sq m
(2,124 sq ft)
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
