3-5 Sidmouth Street, Reading, RG1 4QX

Summary

A Victorian Grade II listed building with self-contained cellular offices/teaching rooms arranged over 4 floors. The Property offers car parking to the front and rear. (The Rear compound is currently laid to Astro-turf and used as activity space). There are approximately 19 parking spaces. The rear compound can be accessed from both sides of the building and is completely enclosed by brick walling and secure lockable gates. This area measures approx. 13.326m deep x 20.354m wide. The property also has the benefit of disabled access on the front elevation and direct basement-level access to both side elevations. The property has the benefit of WC amenities on the three lower floors, a kitchen at basement level and kitchenette on the second floor. A gas fired central heating system powered by two recently replaced and regularly serviced boilers. Mains electricity, water and drainage.

Key Points

Viewings

All enquiries should be directed to the vendor’s sole agent.

Viewings of the property are strictly by appointment only.

Please note that parties must not enter the property without our prior authority and any inspection of the site is at the prospective purchaser’s risk.

Tenure

The property will be sold freehold with vacant possession.

Services

We are advised that mains electricity, gas, water and drainage services are available in the vicinity for connection to the site. However, prospective purchasers are advised to make their own independent enquiries of the individual authorities to verify the capacity and availability of such services.

Planning

At present, no recent planning applications have been submitted for the development of the site. The building is listed but does not sit within a conservation area.

Any planning related queries should be directed to the Local Planning Authority: Reading Borough Council.

Method of Sale

The site is offered for sale by way of informal, non-binding tender with the vendor reserving the right not to accept the highest or any offer and also reserving the right to withdraw the site from sale or to vary the method of sale at any time without notice. In the event that a number of competitive offers are received, the vendor reserves the right to request 'best and final' offers from selected parties.

Offers are sought for the freehold interest, preferably on an unconditional (Subject to Contract only) basis. Conditional offers will not be considered.

If an unconditional offer is accepted, completion is to take place within four weeks of exchange of contracts with 10% payable on exchange and the full balance of the purchase price payable immediately upon completion of the sale.

All offers should state whether they are submitted with or without Board approval and whether they are dependent on bank or similar finance being available with confirmation or proof of funding.

All offers should be submitted by email marked “3-5 Sidmouth Street, Reading – Offer to Purchase” and addressed to:

Mr Harry Bevins harrybevins@haslams.co.uk

Location