TO LET – E-CLASS COMMERCIAL RETAIL PREMISES
18 Norcot Road, Tilehurst, Reading, Berkshire, RG30 6BU
Versatile 430 sq.ft self-contained ground floor commercial unit situated on a busy local parade in central Tilehurst. Double-fronted layout with main retail area, additional partitioned room, rear staff/storage space with kitchenette, and private W.C. Suitable for a wide variety of Class E uses.
Key Points:
• Prominent position with steady daily footfall
• Vacant and available for immediate occupation
• £16,000 per annum (£1,333 pcm)
• New 5 / 10 / 15 year FRI lease available
• 100% Small Business Rates Relief (subject to eligibility)
• No service charge; tenant pays utilities and share of building insurance
Suitable for: Hair & beauty, barbers, tattoo/piercing, wellness/therapy rooms, boutique retail, consultancy, specialist services, or small offices.
Viewing: Strictly by prior arrangement with Lansley Commercial – 0118 959 0271
Agency Fee: £500 + VAT payable by the ingoing tenant.
Location
The premises occupy a prominent position on Norcot Road in Tilehurst, a busy local parade serving the surrounding residential neighbourhoods. The parade includes a mix of established businesses such as a pizza restaurant/takeaway, beauty services, fish and chips, nail bar, opticians and a local convenience store, all of which help generate steady daily footfall. The area benefits from strong local custom, good passing trade, and convenient on-street parking nearby.
Terms
The property is available on a new Full Repairing and Insuring (FRI) lease for a term of 5, 10 or 15 years. The lease will commence at a rent of £16,000 per annum (equivalent to £1,333 per month), with upward-only rent reviews every three years. A surety rent deposit equivalent to three to six months’ rent will be required, subject to negotiation. There is no service charge payable, and preference will be given to experienced operators. Tenant responsible for electricity, water usage and portion of the annual building insurance. There is no gas supply to the premises currently.