Retail premises for sale

43 Wood Lane, Sonning Common, Reading, Berkshire RG4

Location

The property is located in the heart of Sonning Common, which is in close proximity to various independent retailers, cafe and the Co-Op.

Sonning Common is 5 miles north of Reading & 5.3 miles east of Henley On Thames and Twyford.

Description

A well located, end of terrace, mixed use investment opportunity. The property comprises of ground floor retail unit with full width and height glazed frontage, and rear store / WC.

To the side of the property an entrance can be found for a well presented spacious 3 bedroom Maisonette, with accommodation over ground and first floor levels.

To the front of the property there is a common parking area and to the rear a large enclosed / private garden can be found.

Investment Details

The commercial unit is leased to a laundrette, with an extension to the original lease to expire 26th Feb 2027.

The passing rent is £16,640 per annum, on an Fri basis.

The lease is drafted outside the security provision of the landlord and tenant act.

Tenure Comments

The freehold of the property is being sold, with the benefit of the commercial tenant in occupation and vacant residential accommodation.

Please note that the shop has been measured on an NIA basis and the residential element on a gia basis.

Legal Costs

Each party to bear their own professional and legal costs incurred throughout the legal process.

VAT

The property is not subject to VAT.

Energy Performance Rating

Retail Unit tbc
Maisonette D 58

Ground Floor Retail Unit

Large 3-Bedroom Maisonette

Large Rear Garden