This retail investment offers an opportunity to acquire a long leasehold shop premises in a vibrant neighbourhood shopping parade in Bracknell. The property is let to Betting Shop Operations Ltd (CRN 05612444), trading as Jennings Bet, a well established bookmaker with a presence across England, Jersey, and the Isle of Man.
Location
SHOP 7, THE SQUARE HARMONS WATER BRACKNELL BERKS RG12 9LP
Terms
TENANCY INFORMATION. Salient details of the business lease: The lease dated 31st January 2013 to 30th Jan 2028 assigned on the 9th March 2023 to the current tenant. The passing rent is £15,000 per annum exclusive of utilities, business rates, service charges, building insurance and VAT (if/where applicable).
EPC Asset rating 43B
BUSINESS RATES. The billing authority is Bracknell Forest Council Rateable Value £9600 (VOA April 2023 – present)
Available as a long leasehold investment subject to the occupational business lease on the ground floor. The long leasehold interest is for 99 years from 30th September 1988. Rent at £10 pa Guide £165,000 exclusive of VAT (if/where applicable)
LEGAL COSTS Each party to bear their own legal costs in this matter.
VAT All figures are quotes exclusive of VAT (if/where applicable).
LIMITATIONS All sizes are approximate and not to be relied upon for any purposes. Copies of leases and title information available on request.