To Let or For Sale Residential Development Opportunity

Wokingham - 23 Denmark Street, RG40 2AY

Retail / Restaurant / Coffee

 

Location

The property is centrally located just off the town’s prime retail pitch. Nearby occupiers are Aldi, Everyman cinema, Giggling Squid, Nuffield gym and Toni and Guy.  Also further food and beverage operators – Brown Bag Coffee, Donut Time, Green Chillis and Kaanaanmaa Thai.

 

Click for Streetview

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Frontage & Passage

 
 
 

 Description

 

  • A prominent property with a wide, fully glazed shopfront.

  • Currently fitted as a hair and beauty salon with air conditioning.

  • The adjacent land can also be made available for sale. 

  • This has a width of 11’6 / 3.5m to Denmark Street and a depth of 160ft / 48m.  It may assist any development plans for the subject property. This may be by way of providing a compound for works, storage, skips etc.

 

The premises provide the following approximate dimensions and areas:

 

Description.

Initial Internal

Shop Depth

Floor to Ceiling - GF

Ground Floor Retail

Basement Ancillary

Floor to Ceiling - Basement

First Floor

Second Floor

Imperial.

23’4

52’2

7’5

1,014

514

6’7

466

Hatch access to full head-height space. Area TBC

 

Metric.

7.1

15.6

2.26

94.2

47.8

2

43.27

 Lease and Rent.

The property is available by way of a new, long lease at a rent of £32,500 pax.  There is no VAT to pay. 

 
 

Freehold Sale Price

£400,000pax. There is no VAT to pay.

 
 

Rates

The VOA advise that the rates are:

 Rateable Value                £26,500

Rates payable at .499p £13,224

Interested parties are advised to check the business rates directly.  Certain concessions may apply.

 
 

Legal Costs

Each party are to bear their own associated legal costs. 

 
 

EPC

Being prepared.

 
 

Contact

Ryan Kennedy