Lot 31 details
6 Week completion
Located opposite the junction with High Street and within the heart of the town centre being amongst such multiple retailers as The Co-Operative Food, Costa Coffee, Lloyds Bank, McColls and Barclays. In addition, there is a large public car park at the rear leading to a Waitrose and the Kingsland Shopping Centre.
Thatcham lies some 15 miles west of Reading and 30 miles east of Swindon with good road links to the M4 (Junction 13).
A Grade II Listed end of terrace building comprising a Ground Floor Shop with Basement plus internal access to a 3 Bedroom Flat on part ground, first and second floors. In addition, the property includes a 74' Rear Garden plus a Garage.
Ground Floor Shop
Gross Frontage 22'10"
Internal Width 20'7"
Shop Depth 23'11"
Built Depth 46'10"
Shop NIA Approx. 640 sq ft
Basement - Not inspected
Part Ground, First and Second Floor Flat
3 Bedrooms, Living Room, Kitchen, Bathroom/WC
GIA Approx. 1,020 sq ft
Garage Area Approx. 200 sq ft
VAT is NOT applicable to this Lot
The entire property is let on an internal repairing and insuring lease (50% contribution towards the structure excluding the roof) to
T. Ahmed & S. Ahmed as a Newsagent for a term of 15 years from 1st February 2017 (In occupation since 2002) at a current rent of £15,000 per annum exclusive.
Rent Reviews and Tenant's Breaks 2020 and 3 yearly.
Note: There is a £5,000 Rent Deposit held.