Reading, King Street - MBI Surveyors
16023
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Reading, King Street

Description

Prime retail and leisure pitch, next to Prezzo & The Oracle. Overlooking The Riverside. Multi options available.

Transaction

Size

New Lease Various

Price

Surveyor

From 3,000 sq ft Matt Brooks

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

  • Planning consent granted for A1, A3 and D1 uses. Potential for new shop fronts
  • Options to split or to take an entire floor space subject to planning & works
  • A refurbishment and sub division will take place subject to planning
  • Nearby occupiers include Prezzo, Miller & Carter, George Hotel and Bella Italia