TO LET PROMINENT RETAIL PREMISES 303 Loddon Bridge Road Woodley Reading RG5 4BE ( ground floor ) 578 sq ft Retail plus 450 sq ft storage
A prominent ground retail premises fronting a busy roundabout with a retail area of 578 sq ft and rear storage of 450 sq ft. 37 ft frontage
There are large well established housing estates and business premises surrounding the premises
Lease terms A new fully repairing and insuring lease is available from the Landlord
Annual Rent: £20,000 per annum excluding all other outgoings
Business Rates The rateable value is £13,000. The Annual Rates payable will be approx. £6500 but if the occupier is eligible for Small Business Rate Relief then the annual charge would be reduced to circa £2163pa. Please contact Wokingham Borough Council to confirm the exact costs.
Service Charge A service charge is raised for the upkeep of external parts of the property.
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 the status
Legal Costs Each side to pay their own costs
EPC – TBC
NOTE: None of the services or facilities within the building have been tested by Michael King. Therefore no warranty is given as to their serviceability. Prospective Tenants are advised to make their own independent enquiries.
The proprietor of Michael King Commercial is a part owner of the premises being marketed