Consort House Bone Lane Newbury RG14 5SD

  • Consort House<br>Bone Lane<br>Newbury<br>RG14 5SD

Consort House
Bone Lane
Newbury
RG14 5SD

Freehold Warehouse and Office Investment

  • Tenants include Best Choice Direct Limited and Intelligent Retail Limited
  • Established industrial/trade location well located close to the A339 and A34
  • Active management potential
  • Nearby occupiers include Screwfix, Travis Perkins, Wolseley UK and Cemex
  • Approximate site area of 0.22 hectares (0.54 acres)
  • Lot
    35
  • Auction
    22nd May 2014
  • Rent
    £91,578 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of Trustees
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Freehold Warehouse and Office Investment

  • Tenants include Best Choice Direct Limited and Intelligent Retail Limited
  • Established industrial/trade location well located close to the A339 and A34
  • Active management potential
  • Nearby occupiers include Screwfix, Travis Perkins, Wolseley UK and Cemex
  • Approximate site area of 0.22 hectares (0.54 acres)
  • Lot 35
  • Auction 22nd May 2014
  • Rent £91,578 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    Industrial, Warehouse
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of Trustees

Property Information

Location
Miles
¾ mile east of Newbury Town Centre
20 miles east of Reading
25 miles south-east of Swindon
Roads
A339, A34, M4 (Junction 13)
Rail
Newbury Railway Station (approx 50 mins to London Paddington), Newbury Racecourse Railway Station
Air
London Heathrow Airport, Southampton Airport
Situation

The property is located in an established industrial area some ¾ mile east of Newbury Town Centre with excellent transport links via the A339 and A34 providing access to the M4. The property is situated in a prominent position on the south side of Bone Lane.
Neighbouring occupiers include Screwfix, Travis Perkins, Wolseley UK and Cemex.

Tenure

Freehold.

Location
Miles
¾ mile east of Newbury Town Centre
20 miles east of Reading
25 miles south-east of Swindon
Roads
A339, A34, M4 (Junction 13)
Rail
Newbury Railway Station (approx 50 mins to London Paddington), Newbury Racecourse Railway Station
Air
London Heathrow Airport, Southampton Airport
Situation

The property is located in an established industrial area some ¾ mile east of Newbury Town Centre with excellent transport links via the A339 and A34 providing access to the M4. The property is situated in a prominent position on the south side of Bone Lane.
Neighbouring occupiers include Screwfix, Travis Perkins, Wolseley UK and Cemex.

Tenure

Freehold.

Description

The property comprises two storey warehouse accommodation with first floor office accommodation. The property has been divided to create a number of individual units. The property benefits from 2 x vehicle loading doors, an eaves height of approx. 4.3 metres (14 ft) and a front yard providing car parking for approximately 25 cars.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises two storey warehouse accommodation with first floor office accommodation. The property has been divided to create a number of individual units. The property benefits from 2 x vehicle loading doors, an eaves height of approx. 4.3 metres (14 ft) and a front yard providing car parking for approximately 25 cars.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a Review/(Reversion)
Ground Warehouse 401.62 sq m
(4,323 sq ft)

 BEST CHOICE DIRECT
LIMITED
 From 12/03/2012
 £12,975
11/03/2015
Ground Warehouse
190.64 sq m
 (2,052 sq ft) QL PARTNERSHIP
LIMITED		 From 08/01/2014 £18,303.84 07/01/2016
Ground Warehouse
582.21 sq m
(6,267 sq ft)
 VACANT POSSESSION
  

Part Ground
& First		 Office 480.21 sq m
(5,169 sq ft)
 INTELLIGENT RETAIL
LIMITED
 From 26/03/2010 £47,900
11/04/2015
First Office 110.65 sq m
(1,191 sq ft)
 INTELLIGENT RETAIL
LIMITED
 From 15/08/2012
 £12,400
 12/04/2015
First Office
678.74 sq m
(7,306 sq ft)
 VACANT POSSESSION


Totals  
2,444.07 sq m
(26,308 sq ft)
     £91,578.84  

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Thrings LLP 6 Drakes Meadow, Penny Lane
Swindon
Wiltshire
SN3 3LL
Manjinder Kang 01793 412 664mkang@thrings.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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