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AGENT'S DETAILS


First Floor, 2 Millars Brook

For sale: £355,000.00|1328 Sq Ft|Office, Other, Offices, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£355,000.00
SIZE1328 Sq Ft
ADDRESSFirst Floor, 2 Millars Brook, Wokingham, RG41 2AD
TYPEOffice, Other, Offices, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON14th July 2020

DESCRIPTION

Key Points

  • Virtual freehold with 987 years remaining
  • 5 Parking spaces
  • Air conditioning
  • CAT 5 cabling
  • Kitchen and breakout area
  • Full height glass partitioning providing a manager’s office, two further offices and a meeting room
  • Summary

    First Floor Office Investment

    Description

    Built in 2007, as part of a larger business park, the specification includes suspended ceilings with, air conditioning throughout which is independently controlled in each office, CAT 5 cabling, Kitchen and breakout area, full height glass partitioning providing a manager’s room with two other offices and a meeting room. The First floor is allocated 5 parking spaces.

    Viewings

    By arrangement with the agent.

    Location

    Wokingham is located immediately to the south of J10 of the M4 motorway, and the A329(M). Bracknell is located 5 miles east and Reading 10 miles west. Wokingham Rail Station is just over half a mile away, offering direct trains to London Waterloo and Reading. 5-minute walk to local amenities such as Tescos, Lidl and the new Peach Street Re-Development

    Terms

    Originally bought in 2007 on a long leasehold of 999 years, there is now 987 years remaining. We are selling the property with the benefit of a 5-year lease from 14th January 2019, with a 3-year break, at a rent of £22,100 pa to 13th January 2024.

    Business Rates

    The tenant is responsible for paying business rates directly to the Local Authority.

    Legal Costs

    Each party will be responsible for paying their own legal fees.

    VAT

    All figures quoted are exclusive of VAT which may be chargeable.

    LOCATION

    Location: First Floor, 2 Millars Brook, Wokingham, RG41 2AD

    Wokingham (0.4 miles)

    Winnersh (2.2 miles)

    Crowthorne (2.9 miles)

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