Summary
A property available for sale occupying a prominent position in the Berkshire village of Twyford and within walking distance of the railway station which may be suitable for redevelopment / conversion or office use
Location
The property occupies a prominent position to the west side of Wargrave Road, in a mixed use location within the centre of the large and prosperous Berkshire village of Twyford.
The major regional town of Reading with its multiple facilities including the Oracle Shopping Complex lies approximately 6 miles to the south-west.
Twyford railway station which lies within easy walking distance provides direct services to London Paddington.
Junction 10 of the M4 motorway and the A329(M) both lie approximately 4 miles to the south.
The immediate vicinity provides a mix of two storey detached, semi-detached and terraced houses, three storey blocks of apartments, office and retail properties and Twyford Bowling Club.
We would refer you to the location plan within the particulars of sale for further information.
Additional Description
Description
A copy of an Ordnance Survey Extract Plan within the particulars of sale shows the approximate boundaries of the property edged in red.
The property comprises an almost rectangular shaped site containing a 1990’s built office building with red brick elevations under a pitched roof, together with a secure car parking area at the rear with space for 12 cars. The building is partly in residential use.
We understand that the office building has a Gross Internal Area of approximately 542.00 sq. m (5,834 sq. ft).
The property is bordered by Wargrave Road at its eastern boundary, two and three storey mixed use buildings at its southern boundary, two storey semi-detached houses and a three storey block of flats at its western boundary and a single storey garage and two storey commercial building with associated car parking at its northern boundary. Vehicular and pedestrian access to the property is from Wargrave Road.
There is a Right of Way over part of the property to the south which is used for access to the adjacent properties which includes an electricity substation.
The total site area is approximately 0.07 hectares (0.17 acres).
We would refer you to the photographs of the property for further information.
Tenure
The property will be sold freehold with full vacant possession given on completion with the exception of the Right of Way referred to above.
Rating
The property lies within the administrative authority of Wokingham Borough Council (the Rating Authority) and the office element is shown in the Valuation List as having a Rateable Value (RV) of £3,250.
The residential element of the property is assessed for Council Tax purposes as Band G.
VAT
We understand that the property is not elected for VAT.
Planning
Please refer to the particulars of sale for further details on planning consents currently in place for the property.
All reports, drawings and documents relating to the relvant planning applications are included in the Technical Information Pack and their copyrights/warranties will be assigned to the purchaser upon completion of the sale.
For the avoidance of doubt, the purchaser will be responsible for payment of all financial contributions payable under the Community Infrastructure Levy (CIL).
Any planning related queries should be directed to the Local Planning Authority, Wokingham Borough Council.
Services
We are advised that mains electricity, gas, water and drainage services are connected to the property. However, prospective purchasers are advised to make their own independent enquiries of the individual authorities to verify the capacity and availability of such services.
Disposal
The property is available 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 property from sale or to vary the method of sale at any time without notice.
All offers for the freehold interest must be made in writing for a fixed sum.
Written offers for the property are invited by 12 Noon Thursday 16th February 2017.
Please refer to the particulars of sale for further details on the method of sale.
Technical Information Pack
A copy of the technical information pack is accessible via our Data Room. Login details are available upon request.
Viewing And All Other Enquiries
All enquiries should be directed to the vendor’s sole agent, Haslams Surveyors LLP.
Please refer to the particulars of sale for the block viewing dates.
Access on to the site for car parking during viewings will be available via its entrance from Wargrave Road.
Please note that parties must not enter the property outside the block viewing times without our prior authority and any inspection of the site is at the prospective purchaser’s risk.