27 Kings Road Reading Berkshire RG1 3AR

27 Kings Road
Reading
Berkshire
RG1 3AR

Freehold Office/Residential Investment

Entirely let to Xafinity Solutions Limited
Prominent town centre location
Nearby occupiers include BDO Stoy Hayward, Valuation Office Agency and Reading Central Library
On-site car parking
Suitable for alternative uses subject to consent
Six Week Completion Period Available

Lot
10
Auction
24th May 2012
Rent
£292,860 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On behalf of Joint LPA Receivers, Edward Symmons

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Freehold Office/Residential Investment

Entirely let to Xafinity Solutions Limited
Prominent town centre location
Nearby occupiers include BDO Stoy Hayward, Valuation Office Agency and Reading Central Library
On-site car parking
Suitable for alternative uses subject to consent
Six Week Completion Period Available

Lot 10
Auction 24th May 2012
Rent £292,860 per Annum Exclusive
Status Sold Prior
Price
Sector
Office
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On behalf of Joint LPA Receivers, Edward Symmons

Property Information

Location

Miles: 27 miles south-east of Oxford, 40 miles west of London
Roads: A329, A4
Rail: Reading (30 minutes to London Paddington)
Air: London Heathrow

Situation

The property is situated on the northern side of Kings Road, approximately 500 yards from Reading town centre. Nearby occupiers include BDO Stoy Hayward, Valuation Office Agency and Reading Central Library.

Tenure

Freehold.

Location

Miles: 27 miles south-east of Oxford, 40 miles west of London
Roads: A329, A4
Rail: Reading (30 minutes to London Paddington)
Air: London Heathrow

Situation

Tenure

Freehold.

Description

The property comprises office accommodation over ground and three upper floors with two self-contained one bedroom residential flats at the rear of the first and second floors, accessed both internally and from the rear. The property also benefits from secured on-site car parking for approximately 11 cars.

Note

The property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground First First Second Second Third	Office Office Residential Office Residential Office	130.95 sq m 395.24 sq m 51.40 sq m 401.53 sq m 51.40 sq m 405.55 sq m	(1,410 sq ft) (4,254 sq ft) (553 sq ft) (4,322 sq ft) (553 sq ft) (4,365 sq ft)	XAFINITYSOLUTIONSLIMITED (1) onassignment fromThe Paragon Groupof Companies plc (2)	25 years from 24/06/1990 on a full repairing and insuring lease	£292,860	(25/06/2015)
Totals		1,436.07 sq m	(15,457 sq ft)			£292,860