Unit 4 Winnersh Fields Gazelle Close Winnersh, Wokingham Berkshire RG41 5QS

Unit 4 Winnersh Fields
Gazelle Close
Winnersh, Wokingham
Berkshire
RG41 5QS

Freehold Thames Valley Office Investment

  • Modern detached office building on Established Business Park
  • Strategic Thames Valley Location close to M4
  • Let to Borer Data Systems Limited & Pyronix Limited
  • Let by way of a recently extended lease & a new lease
  • Business Park includes onsite car parking
  • Lot
    12
  • Auction
    4th November 2021
  • Rent
    £74,254 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

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

Freehold Thames Valley Office Investment

  • Modern detached office building on Established Business Park
  • Strategic Thames Valley Location close to M4
  • Let to Borer Data Systems Limited & Pyronix Limited
  • Let by way of a recently extended lease & a new lease
  • Business Park includes onsite car parking
  • Lot 12
  • Auction 4th November 2021
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
4 miles south-east of Reading
6 miles west of Bracknell
35 miles west of Central London
Roads
M4, A329(M), A329
Rail
Winnersh Triangle & Winnersh Railway Stations, Reading & Twyford Railway Stations (Elizabeth Line)
Air
London Heathrow
Situation

Winnersh is located 4 miles south-east of Reading, 6 miles north-west of Bracknell and 35 miles west of Central London. Winnersh benefits from excellent communications, being located 2 miles north of the M4 (Junction 10) with Winnersh Triangle and Winnersh Railway Stations, together with Reading and Twyford Railway Stations (Elizabeth Line) all within 5 miles. Heathrow Airport is 24 miles to the east. The property is on a modern office park, on Gazelle Close near to its junction with the A329, which in turn connects to the A329(M) and the M4 2 miles to the south. Nearby occupiers include Halfords, Wickes, Pets at Home and a number of office tenants including Mizuno, Digi Vision and Artesian Solutions.

Tenure

Freehold.

Location
Miles
4 miles south-east of Reading
6 miles west of Bracknell
35 miles west of Central London
Roads
M4, A329(M), A329
Rail
Winnersh Triangle & Winnersh Railway Stations, Reading & Twyford Railway Stations (Elizabeth Line)
Air
London Heathrow
Situation

Winnersh is located 4 miles south-east of Reading, 6 miles north-west of Bracknell and 35 miles west of Central London. Winnersh benefits from excellent communications, being located 2 miles north of the M4 (Junction 10) with Winnersh Triangle and Winnersh Railway Stations, together with Reading and Twyford Railway Stations (Elizabeth Line) all within 5 miles. Heathrow Airport is 24 miles to the east. The property is on a modern office park, on Gazelle Close near to its junction with the A329, which in turn connects to the A329(M) and the M4 2 miles to the south. Nearby occupiers include Halfords, Wickes, Pets at Home and a number of office tenants including Mizuno, Digi Vision and Artesian Solutions.

Tenure

Freehold.

Description

The property comprises a ground and first floor detached office building. The property benefits from suspended ceilings, raised floors, staff WCs, comfort cooling and the right to use 14 car parking spaces.

VAT

VAT is applicable to this lot.

Completion Period

6 Week Completion

EPC

See legal pack at www.acuitus.co.uk

Description

The property comprises a ground and first floor detached office building. The property benefits from suspended ceilings, raised floors, staff WCs, comfort cooling and the right to use 14 car parking spaces.

VAT

VAT is applicable to this lot.

Completion Period

6 Week Completion

EPC

See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)
Tenant Term Rent p.a.x
Ground Office
192.86 sq m
(2,076 sq ft)
BORER DATA
SYSTEMS
LIMITED (1)
Terms of years from
11/05/2017 to 22/05/2027 (2)
£34,254 (2)
First Office
204.38 sq m
(2,200 sq ft)
PYRONIX
LIMITED (3)
5 years from 24/09/2021 (4)
with a rent review on
24/09/2024
£40,000
Total
397.24 sq m
(4,276 sq ft)
    £74,254

(1) A leading UK manufacturer and global supplier of Integrated Security Solutions (Source: www.borer.co.uk)
(2) The property was originally let for a term of years from 11/05/2017 expiring 22/05/2022. A Deed of Variation has just been completed extending the term for a further 5 years from 23/05/2022, expiring 22/05/2027, with a tenant option to determine the lease on 22/05/2024, at a new rent of 31,140 per annum. Thereafter, the lease will automatically extend for a further period of one year, subject to a mutual option to determine on six months notice.
(3) Pyronix is a world-leading manufacturer of electronic security equipment for use in residential, commercial and industrial applications in the intruder alarm market (Source: www.pyronix.com)
(4) The tenant benefits from a three month rent free period expiring 24/12/2021 and half rent for 9 months thereafter. The Seller will make an allowance from completion of the sale until expiry of the concessionary rental period so that the property produces 40,000 per annum. The lease is subject to a tenant option to determine on 24/09/2024.

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Catalogue Page
    Updated Date
    15.10.21
    File Size
    518 KB
    View PDF
  • Site Plan
    Updated Date
    15.10.21
    File Size
    457 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Associate Auctioneers
Rare 5 Winnersh Fields
Winnersh, Wokingham
Berkshire
RG41 5QS
Jonathan Mannings 0118 945 0118jmannings@ra-re.co.uk
Seller's Solicitors
THP Solicitors 9 Chalfont Court, Lower Earley
Earley
Reading
RG6 5SY
Donna Wade 0118 338 3268 d.wade@thpsolicitors.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now