88 Broad Street Reading Berkshire RG1 2AP

  • 88 Broad Street<br>Reading<br>Berkshire<br>RG1 2AP

88 Broad Street
Reading
Berkshire
RG1 2AP

Freehold Retail Opportunity

  • Pedestrianised town centre location
  • Crossrail town. Reading to Bond Street in 54 minutes
  • 100 metres from John Lewis and Primark
  • Other neighbouring occupiers include Boots the Chemist, Waterstones, Sports direct, Pret a Manger, Barclays and Santander
  • Lot
    18
  • Auction
    5th May 2021
  • Vacant Possession
  • Status
    Sold
  • Price
    £506,000
  • Auction Venue
    Live Streamed Auction
  • On behalf of a Major Fund
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Freehold Retail Opportunity

  • Pedestrianised town centre location
  • Crossrail town. Reading to Bond Street in 54 minutes
  • 100 metres from John Lewis and Primark
  • Other neighbouring occupiers include Boots the Chemist, Waterstones, Sports direct, Pret a Manger, Barclays and Santander
  • Lot 18
  • Auction 5th May 2021
  • Vacant Possession
  • Status Sold
  • Price £506,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • On behalf of a Major Fund

Property Information

Location
Miles
8 miles south-west of Henley-on-Thames
25 miles south-east of Oxford
40 miles west of Central London
Roads
A33, A329(M), A404(M), M4
Rail
Reading Railway Station
Air
London Heathrow
Situation

Reading is a popular regional retailing destination and major commercial and administrative centre for the Thames Valley region. The town benefits from excellent transport links by road, being easily accessed via Junctions 10, 11 and 12 of the M4 motorway, by rail and by air, being some 29 miles west of Heathrow Airport. The property is situated on the south side of the busy pedestrianised Broad Street, in a popular retailing location with nearby occupiers including John Lewis, Primark, Marks & Spencer, Boots the Chemist, Sports direct, Pret a Manger, Barclays and Santander.

Tenure

Freehold.

Location
Miles
8 miles south-west of Henley-on-Thames
25 miles south-east of Oxford
40 miles west of Central London
Roads
A33, A329(M), A404(M), M4
Rail
Reading Railway Station
Air
London Heathrow
Situation

Reading is a popular regional retailing destination and major commercial and administrative centre for the Thames Valley region. The town benefits from excellent transport links by road, being easily accessed via Junctions 10, 11 and 12 of the M4 motorway, by rail and by air, being some 29 miles west of Heathrow Airport. The property is situated on the south side of the busy pedestrianised Broad Street, in a popular retailing location with nearby occupiers including John Lewis, Primark, Marks & Spencer, Boots the Chemist, Sports direct, Pret a Manger, Barclays and Santander.

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation with first and second floor ancillary accommodation. The property has historically been used in conjunction with the adjoining unit and some of the party wall has been partially removed.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band D. See legal pack.

Description

The property comprises ground floor retail accommodation with first and second floor ancillary accommodation. The property has historically been used in conjunction with the adjoining unit and some of the party wall has been partially removed.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band D. See legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)
Tenant
Ground
First
Second
Retail
Ancillary
Ancillary
113.70 sq m
41.20 sq m
42.50 sq m
(1,224 sq ft)
(443 sq ft)
(457 sq ft)
VACANT POSSESSION
Total
197.40 sq m
(2,124 sq ft)
 

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Seller's Solicitors
Aviva Investors Real Assets Floor 6 Carrara,, Surrey Street,
Norwich
Norfolk
NR1 3DR
Jane Woollett 0207 283 2000jane.woollett@avivainvestors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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