Unit 3 Millars Brook Business Park
Molly Millars Lane
Wokingham
Berkshire
RG41 2AD

Freehold Office Investment

  • Modern office building of 284 sq m (3,056 sq ft)
  • Let to Advansys Limited
  • Less than 1 mile to Wokingham Train Station (GWR and South Western Railway) and 25 miles from Heathrow Airport. Excellent access to London via Junction 10 (M4)
  • On-site car parking
  • Nearby occupiers include Screwfix, Topps Tiles, Enterprise, Jewson, Lidl and Tesco
  • Lot
    15
  • Auction
    14/Feb/2019
  • Rent
    £36,707 per Annum Exclusive
  • Status
    Sold Post
  • Price*
     
  • Sector
    Office
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Praxis
Important Auction & Property Update
  • Unit 3 Millars Brook Business Park<br>Molly Millars Lane<br>Wokingham<br>Berkshire<br>RG41 2AD
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  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
9 miles south-east of Reading, 12 miles south-west of Maidenhead, 39 miles west of Central London, 9 miles north-east of Basingstoke
Roads
A329 (M), M4, A322, M3
Rail
Wokingham Train Station
Air
London Heathrow Airport
Situation

Wokingham is an attractive historic market town in Berkshire which is popular with commuters, located some 9 miles south-east of Reading, 12 miles south-west of Maidenhead and 39 miles west of Central London. The town benefits from excellent connections to London via the M4 motorway and direct rail services. The property is located to the south-west of the town centre, some 5 miles from J10 of the M4 on a modern office park which is accessed via Molly Millars Lane. Occupiers nearby include Screwfix, Topps Tiles, Enterprise, Jewson, Lidl and Tesco.

Tenure

Freehold.

Description

The property comprises a two-storey semi-detached self-contained office. The office accommodation benefits from raised floors, suspended ceilings, comfort cooling and the right to 5 parking spaces.

VAT

VAT is applicable to this lot.

EPC

Available from the legal pack at acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReversion
Ground
First
Office/Ancillary
Office/Ancillary
142 sq m
142 sq m
(1,528 sq ft)
(1,528 sq ft)
ADVANSYS
LIMITED (1)
5 years from 19/11/14 on
a full repairing and
insuring lease
£36,70718/11/2019
Total
284 sq m
(3,056 sq ft)
  £36,707 

(1) For the year ending 31st March 2018, Advansys Limited did not report a turnover or profit, but reported a total net worth of £218,154 (Source: Experian Group 08/01/2019). Advansys operates from three offices across the UK, including Wigan and London (www.advansys.com/about-us).

Property Documents

  • Site Plan
    Updated Date
    22.01.19
    File Size
    991 KB
    View PDF
  • Catalogue Page
    Updated Date
    22.01.19
    File Size
    962 KB
    View PDF
  • Common Auction conditions
    Updated Date
    15.08.19
    File Size
    144 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Seller's Solicitors
Mills & Reeve 1 New York Street
Manchester
M1 4AD
Alexandra Murphy 0161 235 5455alexandra.murphy@mills-reeve.com

Useful Links

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