Chiltern House, Marsack Street, Caversham, Reading RG4 5 AP

An opportunity to purchase the Freehold Interest of the two-storey office building with ample parking, suitable for future development subject to usual consents.

  • The property is let to two tenants, Greatwood Property Management Limited occupy the ground floor and Verif-I SG Ltd occupy the first floor.
  • Ground Floor let for 5 years from 1st March 2021, expiring 1st March 2026. Passing Rent £24,180 per annum.
  • First Floor let on a rolling short term tenancy from 1st September 2018, vacant possession can be obtained on completion if required. Passing Rent £12,000 per annum.
  • Ground floor lease is outside of the 1954 Landlord and Tenant Act.
  • Totalling 5,465 Sqft.
  • The property is elected for VAT.