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Agent's details

Hare Hatch Grange, RG10

For sale: £2,950,000.00|10,487 Sq Ft|Office, Offices

Property details

FOR SALE£2,950,000.00
SIZE10,487 Sq Ft
ADDRESSHare Hatch Grange, Bath Road, Hare Hatch, Reading, RG10 9SA
TYPEOffice, Offices
TENUREFor Sale Freehold
POSTED ON10th July 2024

Description

Key Points

  • Impressive Grade II Listed Georgian property set within 4.13 acres of landscaped grounds
  • Currently partially income producing - £36,226 pax
  • Lease subject to 9-month mutual (landlord & tenant) break notice
  • Currently office use – would suit HQ or multi let/serviced
  • Change of use potential (STP) to include residential, school, day nursery, medical, hotel, events / wedding venue etc.
  • Within a short drive of the A404M which provides access to M4 which provides access to the M4, A4, M25 and Heathrow Airport
  • Ample parking to the front of the property
  • Available Freehold
  • Offers invited on an unconditional and subject to planning basis
  • Vacant possession of whole available with 9 months notice
  • Summary

    Impressive Georgian office building with conversion / change of use / development potential (STP) available for sale in Hare Hatch Reading

    Description

    A copy of an Ordnance Survey Extract Plan within the particulars of sale shows the approximate boundaries of the property edged in red.

    Hare Hatch Grange is a refined property, designated Grade II, spanning approximately 10,487 sq ft (GIA), nestled within 4.13 acres of landscaped grounds, offering ample on-site parking. Presently utilised as offices, the property holds potential for various alternative uses (Subject to Planning Permission).

    The primary building encompasses ground, first, and second floors, accompanied by a modest basement. Additionally, there is a self-contained Victorian Wing extension to the east and a standalone Stable Block. Constructed primarily of red brick under pitched tile roofs, except for the lead flat roof of the Victorian extension to the west. It provides office accommodation throughout of approximately
    782.25 sq m (8,420 sq ft) (NIA) or 974.24 sq m (10,487 sq ft) (GIA).

    The entirety of the property is finished to a high standard, and benefits from many original features in-keeping with the property’s history.

    We would refer you to the photographs of the property for further information.

    Location

    Hare Hatch Grange enjoys a prime location along the A4 Bath Road, conveniently nestled between Maidenhead and Reading being 5.9 miles & 7.6 miles away respectively. The nearby A404M ensures swift connections to key transportation hubs including the M25 motorway, M4 motorway, and Heathrow Airport. Additionally, the A404 grants easy access to the M40.

    Twyford, situated less than 2 miles away, boasts a variety of local shops, amenities, and a mainline rail service to London Paddington. Just over a mile from the property lies the charming village of Wargrave, offering quaint cafes, pubs and restaurants.

    Availability_text

    We understand the Gross Internal floor areas (GIA) are as follows;

    Rating

    The following Rateable Values for the property are as follows:-

    Stable Block (Unit 1) £40,750
    Victorian Wing Grd Flr (Unit 2) £22,000
    Victorian Wing 1st Flr (Unit 2) £16,000
    Main Building 1st Flr (Unit 3)£29,000
    Main Building 2nd Flr (Unit 3) £11,250
    Main Building (Unit 4)£25,250
    Main Building (Unit 5) £10,750

    Services

    We are advised that mains electricity, water and drainage services are available at the property. Oil fired heating is also provided on site. Broadband is available at the property. Prospective purchasers are advised to make their own independent enquiries of the individual authorities to verify the capacity and availability of such services.

    Planning

    The Grade II Listed property has been in office use for many years. No recent planning applications have been submitted for the development of the property.

    Any planning related queries should be directed to the Local Planning Authority: Wokingham Borough Council.

    VAT

    The property is elected for VAT and therefore VAT will be payable on the purchase price.. Albeit we believe the ale can be dealt with by way of a Transfer of a Going Concern (TOGC). Prospective purchasers should seek their own advice in this regard.

    Anti-Money Laundering Regulations

    As a prerequisitee to any sale in accordance with Anti Money Laundering regulations, Haslams Surveyors LLP will undertake ID checks for all successful purchasers.

    Energy Performance Asset Ratings

    Stable Block (Unit 1) C:52
    Victorian Wing (Unit 2)E:103
    Main Building (Unit 3a)D:94
    Main Building (Unit 3b)E:118
    Main Building (Unit 4)E:123
    Main Building (Unit 5) E:107
    Reception & Circulation AreasF:150

    Legal Costs

    Each party to bear their own legal costs.

    Terms

    The property’s freehold interest is offered for sale at £2,950,000. The vendor reserving the right not to accept the highest or any offer and withdraw the property from sale or to vary the method of sale at any time without notice.

    Whilst there is a preference for unconditional offers, conditional i.e. subject to planning offers will also be considered.

    Technical Information Pack

    A copy of the Information Pack is available to interested parties upon request.

    The Information Pack includes:

    1. Land Registry Freehold Title and Title Plan
    2. Plans
    3. Lease, Deed of Variation, Deposit Deed
    4. EPC’s
    5. Historic England Listing Status
    6. Photographs & Virtual Tour

    Viewing And All Other Enquiries

    All enquiries should be directed to the vendor’s sole agent:

    Haslams Surveyors LLP
    Apex
    Forbury Road
    Reading
    Berkshire
    RG1 1AX

    Telephone:0118 921 1515 (Switchboard)

    Or email: neilseager@haslams.co.uk or georgiafearn@haslams.co.uk

    Viewings of the property are strictly by appointment only.

    Access onto the property during viewings will be available via Bath Road.

    Please note that parties must not enter the property without our prior authority and any inspection of the site is at the prospective purchaser’s risk.

    Location

    marker
    Location: Hare Hatch Grange, Bath Road, Hare Hatch, Reading, RG10 9SA

    Wargrave (1.5 miles)

    Twyford (1.8 miles)

    Shiplake (2.2 miles)

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