FMX
Reading

R1, Riverside

R1, Riverside, The Oracle Shopping Centre, Reading, RG1 2AG

Available

Property Details

Rent
Available on application
Rates Payable (estimated)
£86,814 pa
Rateable Value 2023/24
£159,000
Service Charge
£61,100 pa
Insurance
£2,947 pa
EPC
Available on request
Tenure
New Lease
Use Class
Class E

Location

Reading is a vibrant and bustling town with a total catchment population of 1.3m.  It also benefits from being a university town with over 17,000 students.

The Riverside is Reading’s most dominant restaurant and leisure destination anchored by VUE Cinema, with other operators such as Wagamama, Marugame Udon, Las Iguanas and Nandos in close proximity to the unit.

A new 40,000 sq ft Hollywood Bowl will open opposite in Spring 2025, which will further enhance this location.

Description

R1 lies at the heart of the Riverside as well as being opposite the Riverside Car Park. The River Kennet provides an attractive backdrop to the unit which benefits from some external seating to the side terrace at first floor level and potentially to the front of the property, subject to landlord agreement.

Accommodation Details

Ground Floor
214 sq m
2,311 sq ft
First Floor
222 sq m
2,390 sq ft

Lease Details

A new effectively full repairing and insuring lease for a term to be agreed.

Other Properties at this Location

121/122 Broad Street

Under Offer

Contacts for this property

Charlie
Charlie Spilsbury
07894 984580
Filippa 2
Filippa Mudd
07917 034807
Nick
Nick Symons
07977 998825
David
David Justice
07977 998822

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