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) a pprox. 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.
* Premises Details: 1 x Office - 15'9'' x 13'10''
1 x Kitchen - 7'5'' x 7'8''
1 x Office - 12'7'' x 12'9''
1 x -.-.---- shower - 7' x 5'5''
Electric only
* Sector: Commercial Property
* Industry: Other
* EPC: E-106 (Valid until 19th October 2026)
* Looking For: Buyer
* Lease Terms: Long Lease - 999years - Virtual Freehold
