SOLD / WITHDRAWN
19/09/23
1536
1597dr / Rightbiz
To Let on Lease
Spacious Commercial/Office Unit – Class E – B1 Offices
Ground Floor and Basement with Parking
(Currently Let By NSL – Available from 1st November 2023)
Circa. 2500sq.ft / 227M²
117-119 Oxford Road,
Reading, Berks,
RG1 7UH
Premises:- Large office area – Ground Floor (front and rear access):-
Large open plan office (circa. 31’11’’ x 22’7’’ – 725sq.ft/68M²), 3 x separate offices (circa. 125sq.ft/110sq.ft/56sq.ft) and large kitchen (circa.130sq.ft/12M²) Gas radiator heating.
Basement:- 3 x separate rooms – one with kitchenette (circa.196sq.ft/85sq.ft/120sq.ft) currently used as staff changing rooms. (2 x Cloakrooms – Men and Ladies (4 x toilet cubicles & hand basins and 2 x urinals). Available from 1st November 2023.
Outside:- 4 Parking spaces. Rear Access.
Lease:- A new Full Repairing & Insuring Lease will be granted for a term of 10 or 15 years at a rent of £42,000 per annum (£3,500 per calendar month) exclusive of rates. Rent payable quarterly in advance. Six months Surety Rent Deposit - £21,000.
EPC Rating:- E-105 – Expires 2026
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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