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Vacant hut at Knights Way, Emmer Green

To let

Vacant hut at Knights Way, Emmer Green, RG4 8RH

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Use

Previously used for storage

Rent

£2,000 per annum

Key facts

  • Standalone hut
  • Residential location
  • Facilities: electricity supply
  • Floor area: 53 m2
  • External area of the site: 250 m2

Lease

A new full repairing and insuring lease is available for a period of 3 years from completion date of the lease, with a break clause allowing the Council to give 3 months' notice to terminate the lease on or at any time after the first anniversary of the completion date. The lease will be excluded from the security of tenure provisions of the Landlord and Tenant Act 1954 Part II.

The lease will be granted subject to a right of way over the site in favour of Southern Electric Power Distribution Plc giving access to the adjoining substation.

Rates

Business Rates estimate is £648 per annum

Insurance premium

The insurance budget estimate is £250 per annum

VAT

VAT is not payable

EPC

Not required

Legal costs

Each party must bear their own legal costs

Viewings

The Council will be conducting three set viewing sessions on the following dates and times.

  • Monday 19 Nov 2018 - 11:00-12:00
  • Thursday 13 Dec 2018 - 14:00-15:00
  • Saturday 8 Dec 2018 - 11:00-12:00

All parties wishing to view and make an offer, must book to attend one of the dedicated viewing sessions via the contact details stated below.

Email: valuation.section@reading.gov.uk

Phone: 0118 937 2600

Interested parties, please note: The closing date for offers will be noon, 9 January 2019. Offers after this date will not be considered.

In accordance with the Council's Third Sector Premises Policy, the property is also advertised by Reading Voluntary Action on www.rva.org.uk News and Information. Includes full details of how to obtain a third sector bidding application, guidance, scoring and accompanying information.

Hut map
Hut map

Date of Publication: October 2018

Lease Code

You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The code is available through professional institutions and trade associations or through the website www.leasingbusinesspremises.co.uk

Misrepresentation Act 1967

  • The particulars are set out as a general outline only for the guidance of intended lessees and do not constitute part of an offer or contract.
  • All descriptions, dimensions, reference to condition and necessary permissions for use of occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
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