Let to Instox Limited (t/a Primaflow) with guarantee
Approximately 792.99 sq m (8,536 sq ft)
Situated on established industrial estate
Nearby occupiers include Rainbow Removals, Shurgard Self Storage, Intersurgical, Lidl, PTS and Kaplan Publishing
Lot 60
Auction 23rd October 2014
Rent £83,000 per Annum Exclusive
Status Sold
Price £810,000
Sector Industrial/Warehouse
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
8 miles south-east of Reading
9 miles north-east of Basingstoke
38 miles south-west of Central London
Roads
M3, M4, A329
Rail
Wokingham Rail Station
Air
London Heathrow Airport
Situation
The property is located on an established industrial estate some 300 metres south-west of Wokingham Rail Station and approximately one mile south-west of Wokingham town centre.
The property is situated close to the junction of Molly Millar’s Lane and Barkham Road, with other nearby occupiers including Rainbow Removals, Shurgard Self Storage, Intersurgical, Lidl, PTS and Kaplan Publishing.
Tenure
Freehold.
Location
Miles
8 miles south-east of Reading
9 miles north-east of Basingstoke
38 miles south-west of Central London
Roads
M3, M4, A329
Rail
Wokingham Rail Station
Air
London Heathrow Airport
Situation
The property is located on an established industrial estate some 300 metres south-west of Wokingham Rail Station and approximately one mile south-west of Wokingham town centre.
The property is situated close to the junction of Molly Millar’s Lane and Barkham Road, with other nearby occupiers including Rainbow Removals, Shurgard Self Storage, Intersurgical, Lidl, PTS and Kaplan Publishing.
Tenure
Freehold.
Description
The property comprises a modern industrial unit with office accommodation on the first floor. The industrial accommodation benefits from an eaves height of approximately 7 metres (23 ft), one vehicle accessible loading door and a forecourt providing car parking for approximately 16 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 a modern industrial unit with office accommodation on the first floor. The industrial accommodation benefits from an eaves height of approximately 7 metres (23 ft), one vehicle accessible loading door and a forecourt providing car parking for approximately 16 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.x
Reversion
Ground First
Warehouse Office
688.57 sq m 104.42 sq m
(7,412 sq ft) (1,124 sq ft)
INSTOX LIMITED (t/a Primaflow) guaranteed by Brassware Sales Ltd (1)
15 years from 01/10/2003 on a full repairing and insuring lease
£83,000
30/09/2018
Totals
792.99 sq m
(8,536 sq ft)
£83,000
(1) Instox Limited (t/a Primaflow) are a business involved in brassfoundary, tube fittings, taps and mixers, accessories and a huge range of related installation materials for plumbing and heating systems. Primaflow trade from 7 other locations in the UK and are part of Mueller Industries. Brassware Sales Ltd is a wholly owned subsidiary of Mueller Industries Inc. Mueller Industries is a global leader in the manufacturing of copper tube and fittings and is publicly traded on the New York Stock Exchange (MLI). (Source: www.muellerindustries.com 15/09/2014).
