87-89 Church Street

Crowthorne, RG45 7PR

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87-89 Church Street, Crowthorne, Offices For Sale - 20260213_133844.jpg
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87-89 Church Street, Crowthorne, Offices For Sale - 20260213_133945.jpg
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Property Type Offices
Tenure For Sale
Size 3,720 sq ft
Price Offers in the region of £700,000
Business Rates £7,776 per annum Approx. Please check with the local authority
Energy Performance Rating This property has been graded as D (81)

Three Storey Office For Sale

Key Points

  • Private Car Park to the Rear
  • Established Commercial Tenant
  • Self Contained Building
  • Development Potential (Subject to Planning)
  • Let on an FRI basis until March 2033 with a Mutual Break Clause in April 2028

Description

An excellent opportunity to acquire a self-contained commercial building, positioned within a popular village location and benefitting from private on-site parking. The ground floor features a retail frontage onto Church Street and office and storage space to the rear. Kitchen facilities are also located on this level. The upper floors offer further office accommodation across the first and second floors. WC facilities are available on both the ground and first floors. To the rear, the property benefits from parking for several vehicles with easy access via a side road.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Ground 2,387 221.76 Available
1st 913 84.82 Available
2nd 420 39.02 Available
Total 3,720 345.60

Location

Crowthorne is a popular village located close to Bracknell and Sandhurst. Local amenities include a CoOp, Lidl, Costa and a range of independent retailers. The train station is just over a mile away with regular services into Wokingham, Reading, Paddington, Sandhurst, Farnham, Guildford and Gatwick. The M4 and M3 are easily accessed at J. 10 and J. 4 respectively.

Viewings

By prior arrangement with the agents.

Terms

Available freehold.

Lease Terms

The unit is let on a 15 year FRI lease (contracted outside the 1954 Act) until 31st March 2033 at a passing rent of £48,000pa exclusive. There is a Mutual Break Clause on the 31st March 2028 and a Rent Review on the 1st April 2028. Further details available on request.

VAT

All figures are quoted exclusive of VAT which we understand may be chargeable.