2314 sq.ft. - NovaLoca

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Thames Valley Commercial Property Professionals

01344 311344

WOKINGHAM 37 – 39 Denmark Street

RG40 2AY

TO LET

2,314 sq.ft. Areas (Commercial NIA/Resdential GIA) sq.ft. 37-39 Grnd Flr Restaurant First Floor Outside Store

1,393 637 284 2,314

Restaurant & Upper Parts sq.m.

Lease Terms  The lease is for 10 years from 22nd July 2015 with a tenant break option after 5 years. Rent Review to market value in June 2020

215.0 Passing rent of £50,000pa

www.pagehardyharris.co.uk

Description

Terms

This charming period property offers an excellent opportunity for restaurant, coffee shop or other retail use.

An assignment of the existing lease. Passing rent £50,000pa

37-39 Denmark Street is a Grade II listed brick and timber building let to JPP Restaurants Ltd. It benefits from a large modern kitchen extension. There is also an outside store and a secluded courtyard for al fresco dining. The upper parts have been used for residential accommodation.

Premium A premium will be payable for tenants fixtures and fittings.

OT

Location

Business Rates

The property is very well located close to the centre of the affluent market town of Wokingham in Berkshire. It is faces the main entrance to the busy Denmark Street car park just a couple of minutes walk from the Market Place and a short walk from the railway station that serves Reading and London Waterloo.

Rateable Value (Restaurant) 37-39 Denmark Street - £34,750 Business rates payable 2016/17 - £17,270

Map

Service Charge

Flat at 1st Floor 37-39 Denmark Street Council Tax Band B

None

EPC Rating 37 – 41 Denmark St - Band E 116

Legal Costs Each party to pay their own legal costs.

VAT All figures quoted are exclusive of VAT, but we understand that VAT is not currently chargeable.

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Offices

Bracknell Office. Premier Gate, Easthampstead Road, Bracknell, RG12 1JS.

Nick Hardy 07715 032429 [email protected]

Maidenhead Office. 1 Bell Street, Maidenhead, SL6 1BU

Kieran Webber 07806 487124 [email protected]

www.pagehardyharris.co.uk These particulars are provided without any guarantee by the vendor/lessor or agents and do not form part of any contract. Inquiring parties should satisfy themselves as to the correctness of any information or statement made. All measurements are approximate. All figures quoted are exclusive of VAT which may be chargeable.