58 St. Marys Butts, Reading, RG1 2LG

Summary

The property comprises self-contained first and second floor office accommodation accessed via a private ground floor entrance adjacent to Pierre’s Baguettes.

The property provides a variety of office rooms arranged over two floors together with kitchenette and W.C. facilities.
The offices would suit a variety of occupiers seeking affordable and flexible town centre workspace. The landlord is willing to consider incentives or a rent-free period, subject to covenant strength and lease terms agreed.

Key Points

Viewings

Strictly by prior arrangement with the sole agents, Lansley Commercial

Applicant Agency Fee

Lansley Commercial Applicant Fee: £450 + VAT, payable by the successful applicant on completion, for the successful introduction and progression of the letting transaction.

Location

58 St Mary’s Butts occupies a prominent town centre position in the heart of Reading, within a short walk of The Oracle Shopping Centre, Broad Street and Reading mainline railway station, which provides direct services to London Paddington and the Elizabeth Line.

The surrounding area comprises a mixture of independent and national retailers, cafés, restaurants, bars, offices and professional occupiers, creating a busy and well-established commercial environment.

Several public car parks are located nearby, including The Oracle, Q-Park and NCP facilities.

Terms

A new full repairing and insuring (FRI) lease is available for a term of 10 years, to be granted directly by the landlord.

The rent is £14,000 per annum exclusive, payable quarterly in advance, with rent reviews every 5 years.

A rent deposit of between 6-12 months may be required, together with a guarantor where appropriate, depending on covenant strength, trading history and references received. There is no service charge, and the premises are available immediate