Industrial for sale in Toutley Road, Wokingham RG41, £515,000

515,000.00

Offer Nr.:
64745775
Type of ad:
for Sale
Property type:
Industrial
Contact name:
DB Real Estate
Phone(s):
01276 980671

* Business/Trade/Industrial/Warehouse/Class “E” Uses
* Loading Door
* Fitted Offices
* Separate Male And Female W. c’s And Kitchen
* 3 On - Site Parking Spaces
* Electric Heating
* Established Business Area
* Glazed Entrance
* EPC Rating “E” 105
**Location
**
The Metro Centre is located on Toutley Road, just 1. 8 miles north west of
Wokingham Town Centre and between Wokingham and Reading (approx. 6. 5 miles).
Winnersh railway station is just 1. 5 miles to the west and Wokingham railway
station is approx. 2 miles to the south. Wokingham has great access to the M4
motorway at Junction 10 via the A329(M) and to the M3 at Junction 4, via the
A321.
Toutley Road is a very established commercial location with a range of uses
and occupiers. In recent years there has been considerable residential
development close by providing approx. 2, 000 new homes plus the new North
Wokingham Distributer Road which links Toutley Road to the A329(M) (just 3
miles and 7 mins) to the East and Reading Road to the West.
**Description
**
Unit 14 is one of modern development of industrial/business units of modern
steel frame construction providing industrial/production/storage/flexible
space on the ground floor with a floor to ceiling height of 2. 4m to the
underside of the suspended ceiling and access is via a roller shutter door
(2. 46m high x 3. 16m wide) plus 2 separate glazed pedestrian doors.
The first floor provides fitted office space with carpeting, a suspended
ceiling and a kitchenette. W. C. ’s are on the ground floor (single) and
separate male and female W. c’s on the first floor. There are a number of
partitioned offices on the first floor, good natural light with windows front
and rear and heating is via a mix of electric panel and storage units. 3 on -
site parking spaces are provided with 2 spaces at the front and 1 space close
by.
**Areas
**
Ground Floor Industrial/Production/Storage 1, 653 sq ft 153. 6 sq m
First Floor Offices 1, 608 sq ft 149. 4 sq m
Total Approximate Floor Area 3, 261 sq ft 303. 0 sq m
The above areas have been calculated on a gross internal basis from
measurements taken on site.
**For sale/to let
**
The premises are available for sale freehold with vacant possession or can be
let on a new full repairing and insuring lease for a period to be agreed.
Flexible lease terms will be considered.
**Price/rent
**
Freehold offers are invited in excess of £515, 000 and the quoting rent is
£37, 500 per annum exclusive. We are advised that VAT is not charged.
**Business rates
**
We understand the Rateable Value for Unit 14 is £28, 000 and the current rate
in the pound is 49. 9p, and therefore the current Business Rates payable will
be approx. £14, 000 for the year April 23 to April 24.
**Viewing arrangements/possession
**
Arrangements to view the property can be made by contacting Nigel Dickason at
the sole agents, DB Real Estate. The property will be available approx. August
2023.

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