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Office

Office For Sale Reading

PROPERTY ID: 131367

PROPERTY TYPE

Office

STATUS

Available

SIZE

575 sq.ft

Key Features

Long Lease - 999 Years
Office Suite - subject to Freeholders Consent
Newly Renovated - £25,000
Reading Town Centre Location

Property Details

For Sale 

Long Lease (999 years) First Floor Office Suite

Commercial

Renovation - £25,000 Invested

Circa. 575sq.ft / 53M² - Vacant

Mcilroy‘s Building,  First Floor Commercial Premises,

Office Suite, 18 Oxford Road, Reading, Berkshire,

RG1 7LB

Location

The first-floor property, comprising a first-floor office suite, is located in a building comprising a ground floor and three upper floors within Reading Town Centre in Berkshire.

Property

The Long Lease Property (999 years with 979 years remaining) approx. 575sq.ft / 53M² is situated in the McIlroy‘s Building in Reading, this first-floor office offers easy access via Oxford Road.

Boasting abundant natural light, high ceilings, and skylights, the space feels open and airy. Recently renovated with modern finishes (£25,000 invested), it features a new kitchenette, W.C. with Shower, and fresh laminate flooring throughout. Large separate office.  Additional highlights include a security and fire alarm system and a generous storage cupboard. This unique property combines contemporary office, making it an ideal choice for a commercial office purpose.

Prospective Rental Income

The property, in our opinion can be let on a Full Repairing and Insuring lease at a rent of between £9,500 to £10,000 per annum (£792 to £833 per calendar month)      

Notes

Rateable Value- Previous £8,700 – Removed from the Rating list – 1st October 2019

EPC Rating-  E-106 (Valid until 19th October 2026)

No Parking

Management Fees – Circa. £1,800 per annum

The property‘s electricity is still connected to the building‘s main supply and will require separation through a sub-meter installation at the buyer‘s expense.

Open map Street View

About the Agent

A H Lansley Ltd

See Agent's Other Properties

Office Suite / Flat

£145,000 Freehold

Office Suite, Mcilroys Building, 18 Oxford Road, Reading, RG1 7LB
Office - Available
575 sq ft
53 sqm
Show phone number

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