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
    04/Nov/2021
  • Rent
    £74,254 per Annum Exclusive
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction
Important Update
  • Unit 4 Winnersh Fields, Gazelle Close, Winnersh, Wokingham, Berkshire, RG41 5QS
  • Expand
  • Photos
  • Map

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

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.

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

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.x
GroundOffice
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)
FirstOffice
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 £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    11.11.21
    File Size
    40 MB
    Login to View
  • 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
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@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

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