TO LET – Ground Floor E-Class Retail Unit, Caversham
35 Prospect Street, Caversham, Reading, Berkshire, RG4 8JB
A self-contained, double-fronted ground floor retail unit situated on a busy and established parade in the heart of Caversham. The premises offer approximately 425 sq.ft of versatile E-Class accommodation, benefiting from strong day-to-day footfall and excellent visibility. Available with vacant possession and suitable for a variety of retail and service occupiers, subject to consent.
Key Features:
- Prominent double-fronted ground floor unit
- Approx. 425 sq.ft / 40 m²
- Use Class E (formerly operated as a vape shop)
- Busy local parade with high footfall
- Open-plan retail area plus rear ancillary space
- Side W.C. and fitted kitchenette
- Electricity supply only (no gas)
- Vacant possession – available immediately
- Landlord to redecorate prior to occupation
Viewing / Enquiries
For further information or to arrange a viewing, please contact Lansley Commercial
Viewings are strictly by prior appointment only.
Location
The premises is located on Prospect Street in the heart of Caversham, a busy and well-established local retail parade serving a large residential catchment. The area benefits from strong day-to-day footfall, good visibility and nearby on-street parking, and is within easy reach of Caversham Road and Reading town centre.
Terms
The property is available on a new Full Repairing and Insuring (FRI) lease for a term of 10 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 five years. Break Clause at the end of year 5. A surety rent deposit equivalent to three month’s rent will be required. 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.