Tenancy & Accommodation
| Floor |
Use |
Floor Areas
Approx sq. m. |
Floor Areas
Approx sq. ft. |
Tenant |
Term |
Rent p.a.x. |
Rent Review |
Ground
Basement |
Restaurant
Ancillary |
105.44
157.00 |
(1,135)
(1,691) |
MEXICAN GRILL LTD (t/a Tortilla) (1) |
15 years from 02/03/2020 |
£80,000 |
02/03/2030 and 5 yearly thereafter |
| Ground |
Restaurant |
141.77 |
(1,526) |
COCO DI MAMA LIMITED (currently sublet t/a Caffè Nero) (2)(3) |
10 years from 03/01/2023 |
£90,000 |
03/01/2028 and 5 yearly thereafter |
First
Second |
Dental Surgery
Dental Surgery |
253.90
150.69 |
(2,733)
(1,622) |
NATHWANI DENTAL LIMITED (t/a Reading Smiles) (4) |
15 years from 25/10/2022 |
£70,000 |
25/10/2027 and 5 yearly thereafter |
| Total |
|
808.80 |
(8,707) |
|
|
£240,000 |
|
N.B. The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
(1) Mexican Grill LTD are a subsidiary of Tortilla Mexican Grill Plc who are the UK’s largest fast-food Mexican restaurant brand and are associated with over 85 restaurants in the UK and UAE (https://tortillagroup.co.uk/). For the year ending 29/12/2024, Tortilla Mexican Grill plc reported Turnover of £67,999,489, a Gross Profit of £52,100,241 and a Total Equity of £485,981 (Annual Report and Accounts as published at Companies House, 24/07/2026).
(2) Coco Di Mama Ltd are a subsidiary of the Azzurri Group and are associated with over 240 restaurants and stores. The company operates as a franchisee for brands such as Zizzi, ASK Italian and Dave's Hot Chicken (https://www.azzurrigroup.co.uk/). For the year ending 29/06/2025, Azzurri Group reported Turnover of £268,900,000, a Gross Profit of £35,500,000 and a Total Equity of £78,800,000 (Annual report and Accounts as published at Companies House 22/07/2026).
(3) The ground floor restaurant let to Coco Di Mama has been sublet to Caffè Nero.
(4) https://reading-smiles.co.uk/.
