TOWN CENTRE UNIT LEASING OPPORTUNITY

16 King Street, Reading, RG1 2HD

THE OPPORTUNITY

  • Leasehold units to be constructed
  • Subject to Vacant Possession, further planning consents and a scheme of practical works to sub-divide and refurbish
  • Prime town centre within leisure and retail circuits
  • Adjacent to The Oracle shopping centre and within walking distance of the £950m redeveloped train station and Hexagon Theatre
  • Overlooking The Oracle Riverside Leisure Circuit with frontage also along King Street adjacent to The George Hotel, Prezzo and Workhouse Coffee
  • Split options to create smaller units from about 2,500 sq ft (subject to negotiation and the pre-letting of other units simultaneously)
  • Planning for A3 and D1 uses have been consented in 2019
  • 7,772 sq ft fronting King Street (option to split further or take the additional lower ground floor space) 
  • 7,642 sq ft lower ground floor with frontage onto Yield Hall Place and facing The Riverside - again options to split and new shop front installation considered
  • Plans available on request
  • Viewing by appointment only once Vacant Possession is available
  • KEY POINTS

    ONE

    Planning consent granted for A1, A3 and D1 uses. Potential for new shop fronts.

    TWO

    Options to split or to take an entire floor space subject to planning & works.



    THREE

    A refurbishment and sub division will take place subject to planning.

    FOUR

    Nearby occupiers include Prezzo, Miller & Carter, George Hotel and Bella Italia. 


    Pricing / Rent

    King Street, Reading


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    About

    MBI Surveyors are RICS Regulated and have signed the Conflict Avoidance Pledge with the RICS. MBI therefore act with the upmost integrity in handling all instructions in a transparent manner and to proactively avoid conflict.The value of collaborative working with a commitment to resolving any issues early.As such, parties are requested to provide full details upon submission of any offer so that relevant checks can be made, followed by full heads of terms in draft for all parties to consider in their own time and with professional advice as required. 

    Floor plans and technical information is available on request to fully disclosed parties and are to be held and treated in strict confidence. 

    The Money Laundering Regulations 2003 require estate agents and solicitors to formally identify parties to a transaction. Interested parties will therefore be required to provide proof of identity. MBI (Surveyors) Limited for themselves and for the vendors or lessors of this property whose agents they are, give notice that: i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute (nor in part of) an offer or contract; ii) all descriptions, dimensions, reference to condition, permissions for use / occupation and other details are given in good faith and believed to be correct - not to be relied upon as statements of fact and should be inspected by themselves; iii) no person in the employment of MBI has any authority to make or give any representation or warranty whatsoever in relation to this property. 

    Contact Us

    Matt Brooks
    Managing Director

    Phone: 01235 828239

    Email: mattbrooks@mbiproperty.co.uk

    Website: mbiproperty.co.uk