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The Old Slaughterhouse 4 Central Walk 278 SF 100% Leased Retail Building Wokingham RG40 1AU $278,987 CAD ($1,003.55 CAD/SF)


EXECUTIVE SUMMARY
DESCRIPTION/LOCATION: The property is situated in a pedestrian thoroughfare linking Broad Street/Rectory Road/Rose Street and Waitrose. There are other commercial units on this pedestrian thoroughfare including Sedero Lounge and several retail units fronting the pedestrianised area leading to Rose Street. This is a building of great character with a good passing footfall.
LEASE: A copy of the lease will be available for prospective buyers. The current term ends on 21st November 2028. There is a signed Memorandum reflecting an agreement to no rent review in November 2022 but there is an outstanding rent review for November 2025.
GUIDE PRICE: £150,000 (One Hundred and Fifty Thousand Pounds)
VAT: The property is not subject to VAT
SERVICES: Mains water, gas, electricity and drainage are connected.
RATEABLE VALUE: £6,600
The property is registered on the VOA website with the postcode RG40 1AU. Small Business Rates Relief may be available meaning there is no liability on an occupier to pay rates.
LEGAL FEES: Each party to be responsible for their own legal fees.
VIEWING: There is an existing business in occupation. A prospective buyer may choose to briefly inspect the property as a customer of that shop or seek a formal appointment when we will accompany.
IMPORTANT NOTE: We have endeavoured diligently to ensure the details of this property are accurate. We have not tested the services, appliances or fittings (if any) referred to in the details. We recommend that each of the statements is verified and the condition of the property and of the services, appliances and fittings (if any) is investigated by you or your advisers before you finalise your offer or enter into a contractual commitment.
PROPERTY FACTS
NEARBY MAJOR RETAILERS
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The Old Slaughterhouse | 4 Central Walk
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