Former Neighbourhood/MatchBox, 5-6 Friar Street, Reading, RG1 1DB | Property to rent | Savills
4,025.70 to 6,888.91 sq ft(374 to 640 sq m)
Price on application

Former Neighbourhood/MatchBox, 5-6 Friar StreetReading, RG1 1DB


    Key features

    • Central Reading bar/restaurant opportunity
    • Arranged over 3 floors above street level
    • Adjacent to O'Neill's and Slug & Lettuce
    • Ground floor GIA 248 Sq M (2,669 Sq Ft)
    • 1.00am sale of alcohol Thursday to Saturday
    • New Free of Tie lease rental offers invited

    Reading town centre bar/restaurant opportunity adjacent to O'Neill's and Slug & Lettuce with 1.00am sale of alcohol licence. Four floors.

    About this property

    • Description
      A mid terrace property of brick construction arranged over basement, ground, first and second floors under a flat roof. The property benefits from an external customer terrace at first floor level.

      The ground floor comprises an open plan customer area with bar servery to the left and accessible WCs. The front of house customer area extends to approximately 213 Sq M (2,293 Sq Ft). Customer WCs are accessed to the rear and located at upper ground floor level.
      The front section of the property at first floor comprises a selection of 5 rooms which are currently used for office/support/staff. At second floor are further rooms which could provide 3 x bedrooms, reception, kitchen, bathroom and WC.
      A good sized basement provided storage and cold room facilities.

      Viewings
      The property is closed to trade. We recommend interested parties visit the area for a site inspection before requesting a viewing.

      Terms
      The premises are offered on a new free of tie lease with rental offers invited and terms to be agreed. The landlord is open to an incentive package to support tenant fit-out, subject to lease offer and negotiation. Suitable security will be required. SDLT will apply.
      The Rateable Value is £93,750 (Business Rates Multiplier for 2022./2023 is £0.512.

      Licensing
      Hours for the Sale by Retail of Alcohol:
      Sunday to Wednesday 1100 hours until 0000 hours
      Thursday to Saturday 1100 hours until 0100 hours

      Hours for the Performance of Live Music
      Sunday to Wednesday 1100 hours until 0000 hours
      Thursday to Saturday 1100 hours until 0100 hours

      Hours for the Performance of Recorded Music
      Sunday to Wednesday 1100 hours until 0000 hours
      Thursday to Saturday 1100 hours until 0100 hours

    Local information

    • Reading is a large town in Berkshire located approximately 42 miles west of Central London; the mainline train station connects London's Paddington station in 25 minutes and Bristol in 70 minutes. The property occupies a prominent location in Reading Town Centre on Friar Street; Reading Town Hall (and Town Hall Square) are located just to the east and Station Road/Queen Victoria Street to the west. The pedestrianised area of Broad Street is located to the south west. The immediate area comprises a mix of commercial businesses including O'Neill's, Slug & Lettuce, M&D Foodhall with other retail and hospitality nearby. Reading mainline station is located 0.2 miles to the north. The area is administered by Reading Borough Council.

    Available space

    Floor / UnitTypeSizeStatus
    Basement (Ancillary)-98 sq mAvailable
    Ground (Trade)-248 sq mAvailable
    Upper Ground (WCs)-28 sq mAvailable
    Outdoor (External Terrace (1st Floor))-70 sq mAvailable
    1st (Ancillary/Rooms)-108 sq mAvailable
    2nd (Ancillary/Rooms)-88 sq mAvailable