Industrial to let in Toutley Road, Wokingham RG41

Location

The Metro Centre is located on Toutley Road, just 1.8 miles north west of Wokingham Town Centre and between Wokingham and Reading (approx. 6.5 miles). Winnersh railway station is just 1.5 miles to the west and Wokingham railway station is approx. 2 miles to the south. Wokingham has great access to the M4 motorway at Junction 10 via the A329(M) and to the M3 at Junction 4, via the A321.

Toutley Road is a very established commercial location with a range of uses and occupiers. In recent years there has been considerable residential development close by providing approx. 2,000 new homes plus the new North Wokingham Distributer Road which links Toutley Road to the A329(M) (just 3 miles and 7 mins) to the East and Reading Road to the West.

Description

Unit 8/9 is part of a modern development of industrial/business units of steel frame construction providing industrial/production/storage/flexible space on the ground floor with a floor to ceiling height of 2.46m to the underside of the suspended ceiling, 2 x separate W.C.s and access is via a roller shutter door (2.46m high x 3.16m wide) plus separate glazed pedestrian entrance doors.

The first floor provides fitted office space with carpeting, a suspended ceiling, a kitchen and separate male and female W.C.s. There are partitioned offices and open plan areas on the first floor, good natural light with windows front and rear. There is some comfort cooling plus warm air heating combined with radiators and a gas fired boiler. 4/5 on site parking spaces are provided at the front of the unit. Unit 8/9 can be combined with Unit 10 (and is already linked) to provide 7,635 sq ft.

Areas

Ground Floor Industrial/Production/Storage 2,566 sq ft 238.3 sq m
First Floor Offices 2,543 sq ft 236.2 sq m

Total Approximate Floor Area 5,109 sq ft 474.5 sq m

The above areas have been calculated on a gross internal basis from measurements taken on site.

For sale/to let

The premises are available for sale freehold with vacant possession or can be let on a new full repairing and insuring lease for a period to be agreed. Flexible lease terms will be considered.

Price/rent

Freehold offers are invited in excess of £810,000 and the quoting rent is £58,750 per annum exclusive. We are advised that VAT is not charged.

Business rates

Unit 8/9 is assessed along with Unit 10 and the assessment will need to be split. As a guide the Business Rates payable on Units 8/9 & 10 currently equates to approx. £3.80 per sq ft whilst the Business Rates payable on Unit 14 in isolation equates to approx. £4.30 per sq ft, for the year April 23 to April 24.

Viewing arrangements/possession

Arrangements to view the property can be made by contacting Nigel Dickason at DB Real Estate, the sole agents. The premises are available straight away.