SOLD
05/08/24
2172
DR1616 / Rightbiz
To Let
Ground Floor Commercial Premises
School Rd, Tilehurst
Ground Floor Shop with Rear Access and Parking
Vacant Possession – Available Immediately
27 School Road,
Tilehurst, Reading, Berkshire,
RG31 5AR
Location
The property is ideally located on a busy road in a local centre in the village of Tilehurst, a well sought trading location.
Premises
Ground Floor:- Single Fronted A1 / E Class Commercial Unit (circa 26’9” x 9’10” / 258sq.ft. - 24m2). Office (circa 14’2” x 7’9” / 106sq.ft. - 10m2).
First Floor:- Flat accessed through side door at the front of the Shop:- Living Room (circa 13’11” x 13’5” / 184sq.ft. - 17m2). Kitchen (circa 9’7” x 7’4” / 60sq.ft. - 6.5m2). Bedroom (circa 12’5” x 10’6” / 128sq.ft. - 12m2). Bathroom (bath, toilet and basin). To be Let Separately
Outside
Garage (circa 18’ x 7’9” / 135sq.ft. – 12.5m2). Covered area to side of building (circa 33’2” x 7’4” / 182sq.ft. - 17m2). Storage Area (circa 14’5” x 26’6” / 377sq.ft. - 35m2). Bin area. Rear access.
Permitted Use
Class A1 / E Class (previous operator:- independent hardware store).
Lease
A new Full Repairing & Insuring Lease to be granted on the Ground Floor Commercial Premises only for a commencing rent of £1,350per calendar month (£16,200 per annum) or on the whole property (shop and Flat) for a commencing rent of £25,000 per annum (£2,083 per calendar month).
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.