5,060 sq ft. Prominent Two-Storey Warehouse/Workshop/Office with Showroom
Price:
Freehold - £595,000
Leasehold - £40,500
Location:
Berkshire, Archway House Bath Road Padworth, Reading
Business Type:
Commercial Property
Archway House, A4 Bath Road, Padworth, near Reading, Berkshire RG7 5HR
DESCRIPTION
Archway House comprises a detached, two-storey business unit constructed during the late 1970’s of cavity brickwork construction under a mansard tile hung roof.
The property is split into two adjoining yet self-contained buildings, thus providing adaptable accommodation. The front vacant building provides workshop, storage, wcs and tea point on the ground floor with predominantly open-plan offices above, whilst the rear unit is let and income producing and provides the ability for a purchaser to expand in the future without the need to relocate.
The property also has the potential to be used as a showroom (subject to planning) primarily due to its prominence onto the A4 Bath Road and excellent car parking.
PRICE/TERMS
£595,000 for sale freehold with vacant possession of the front building and the benefit of the lease and rental income from the rear building.
Alternatively a new FRI lease on the front building is available at £8 psf.
VAT
The premises are NOT registered for VAT.
ACCOMMODATION
Front Building (vacant)
Ground floor (workshop/store/showroom) 2,530 sq ft (235 sq m)
First floor office 2,530 sq ft (235 sq m)
Sub-Total 5,060 sq ft (470 sq m)
Rear Unit (let)
Ground floor warehouse 1,159 sq ft (108 sq m)
First floor office 1,091 sq ft (101 sq m)
Sub-Total 2,250 sq ft (209 sq m)
Combined Total 7,310 sq ft (679 sq m)
EPC Rating: E
VIEWING:
Please contact:
Alec White
Sharps Commercial
0118 939 1600
awhite@sharpscommercial.co.uk
Archway House is prominently located on the A4 Bath Road in Padworth situated between Theale and Thatcham. Theale centre and associated amenities, together with Junction 12 of the M4 motorway, are all easily accessible whilst Aldermaston railway station offers connections with London and Newbury.
For sale freehold or new FRI lease.
Front building (vacant) 5,060 sq ft
Rear unit (let) 2,250 sq ft
Total 7,310 sq ft
North Yorkshire
£ 750,000
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