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- LoopNet Team
142-143 Friar St
Reading RG1 1EX
Property To Rent
HIGHLIGHTS
- Prime Central Location – Situated on bustling Friar Street
- Next to bus stop
- Ideal for Pop-Up or Short-Term Retailers – Especially suitable for fashion, electronics, clearance, or seasonal outlets.
- Versatile Three-Storey Premises – Circa 3,500 sq.ft across ground, first, and second floors
- Short-Term Lease – 2-year lease term only, ideal for businesses not seeking long-term commitment due to planned redevelopment.
- Vacant Possession Available Immediately
PROPERTY FACTS
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Shopfront | Parking Allocation | 0.57/1,000 sq ft |
| Net Internal Area (NIA) | 3,500 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront |
| Net Internal Area (NIA) | 3,500 sq ft |
| Year Built | 1900 |
| Parking Allocation | 0.57/1,000 sq ft |
ABOUT THE PROPERTY
Occupying an excellent position on Friar Street, the property is close to the junction with Queen Victoria Street and Station Road—strategically placed between The Oracle and the station. Nearby occupiers include WH Smith, Caffè Nero, Nationwide, Sainsbury’s, Poundland, Nando’s, and the 178-bed Novotel, reflecting the strong commercial profile of the area. The property is available on a new Commercial Lease for a term of 2 years. The lease will commence at a rent of £45,000 per annum (equivalent to £3,750 per month), 2-month surety rent deposit will be required. There is no service charge payable. Tenant responsible for electricity and water usage and portion of the annual building insurance. Please note: The landlord intends to pursue redevelopment of the site for residential and/or hotel use following the lease term. As such, the lease will not be extended or renewed beyond the 2-year period, and tenants should plan for vacant possession at lease expiry.
- Bus Route
- Security System
- Storage Space
