Property photos
Freehold
Offers in region of
£615,000
(£295.39/sq. ft)
Office for sale
Unit 8 Brewery Court, Theale RG72,082 sq. ft
Local area information
Property location
Nearby amenities
- Theale 0.3 miles
- Theale C.E. Primary School 0.5 miles
- Theale Green School 0.5 miles
- Tilehurst 3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Modern building in period style
- Attractive courtyard setting
- Freehold interest
- 7 private parking spaces
- Mixed use office and residential estate
- Short term tenant lease remaining
- Estimated Rates Payable: £19216.86
Description
8 Brewery Court is a self-contained two storey office building situated at the heart of this attractive courtyard development. 7 private parking spaces are allocated in the barrier controlled courtyard.
The freehold interest is offered for sale and offers opportunities for investors, developers or owner occupiers. Several neighbouring units within Brewery Court have already been converted to residential use, suggesting potential for alternative use (subject to planning consent). Further information on the lease can be provided upon request.
Location
Brewery Court is a courtyard office development of 13 units on Theale High Street. It is within easy walking distance of local facilities. The buildings cluster around a secluded garden and part cobbled courtyard which provides a pleasant working/living environment.
Theale is less than 5 miles from Reading town centre. Theale Station is an 8 minute walk with direct rail services to London Paddington. Brewery Court has excellent road communications and is only 1⁄2 mile from M4 Junction 12 (M25 29 miles; Heathrow Airport 33 miles; Central London 46 miles).
Viewings
Strictly by prior appointment with the sole agents Hicks Baker.
Lease Terms
Unit 8 is currently let to Calcot Services for Children Limited on a 10 year lease (outside the act) expiring 17th October 2027. The current rent passing is £43,722 per annum. The quoting purchase price reflects a Net Initial Yield of approx 6.8%.
8 Brewery Court is a self-contained two storey office building situated at the heart of this attractive courtyard development. 7 private parking spaces are allocated in the barrier controlled courtyard.
The freehold interest is offered for sale and offers opportunities for investors, developers or owner occupiers. Several neighbouring units within Brewery Court have already been converted to residential use, suggesting potential for alternative use (subject to planning consent). Further information on the lease can be provided upon request.
Location
Brewery Court is a courtyard office development of 13 units on Theale High Street. It is within easy walking distance of local facilities. The buildings cluster around a secluded garden and part cobbled courtyard which provides a pleasant working/living environment.
Theale is less than 5 miles from Reading town centre. Theale Station is an 8 minute walk with direct rail services to London Paddington. Brewery Court has excellent road communications and is only 1⁄2 mile from M4 Junction 12 (M25 29 miles; Heathrow Airport 33 miles; Central London 46 miles).
Viewings
Strictly by prior appointment with the sole agents Hicks Baker.
Lease Terms
Unit 8 is currently let to Calcot Services for Children Limited on a 10 year lease (outside the act) expiring 17th October 2027. The current rent passing is £43,722 per annum. The quoting purchase price reflects a Net Initial Yield of approx 6.8%.
Floor plans and tours
Floor plans (3)
3 floor plans available
View the floor plans to understand the space and layout of this property.
More information
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Property descriptions and related information displayed on this page are marketing materials provided by - Hicks Baker. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hicks Baker for full details and further information.