3,429.90 sq m (36,919 sq ft) of office accommodation over ground, first and second floors
Site area of 0.54 Ha (1.32 Acres)
Parking for approximately 140 cars
Established Thames Valley office park
Easy access to M4, M40, M25 and Crossrail Services
Nearby occupiers include Seiko UK, GSK, Kingsmill, Costain and SAP
Lot 14
Auction 2nd November 2023
Status Sold Prior
Price
Sector Office
Auction Venue Live Streamed Auction
Property Information
Location
Miles
10 miles east of Reading, 10 miles west of London Heathrow Airport, 25 miles west of Central London
Roads
M4, A404(M), A308
Rail
Maidenhead Railway Station (Crossrail)
Air
London Heathrow Airport
Situation
Maidenhead is a popular and affluent Berkshire market town which benefits from excellent communications, with the M4 motorway being less than two miles to the south, M40 being 6 miles to the north and the M25 being 10 miles to the east as well as Maidenhead Railway Station providing Crossrail services to Central London within a walking distance. The property is situated within Vanwall Business Park, a premium Thames Valley office park with occupiers including Seiko UK, GSK, Kingsmill, Costain and SAP.
Tenure
Freehold. The property is subject to an estates service charge. Details are provided within the legal pack.
Location
Miles
10 miles east of Reading, 10 miles west of London Heathrow Airport, 25 miles west of Central London
Roads
M4, A404(M), A308
Rail
Maidenhead Railway Station (Crossrail)
Air
London Heathrow Airport
Situation
Maidenhead is a popular and affluent Berkshire market town which benefits from excellent communications, with the M4 motorway being less than two miles to the south, M40 being 6 miles to the north and the M25 being 10 miles to the east as well as Maidenhead Railway Station providing Crossrail services to Central London within a walking distance. The property is situated within Vanwall Business Park, a premium Thames Valley office park with occupiers including Seiko UK, GSK, Kingsmill, Costain and SAP.
Tenure
Freehold. The property is subject to an estates service charge. Details are provided within the legal pack.
Description
The property, a landmark Grade A headquarters office building, comprises 3,429.90 sq m (36,919 sq ft) of office accommodation arranged over ground, first and second floors upon a site area of 0.54 Ha (1.32 Acres). The property has been extensively refurbished to a high specification and benefits from two passenger lifts, 2.8m-3.2m clear floor to ceiling heights, heating and air conditioning systems, fully raised floors and on site car parking for approximately 140 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, a landmark Grade A headquarters office building, comprises 3,429.90 sq m (36,919 sq ft) of office accommodation arranged over ground, first and second floors upon a site area of 0.54 Ha (1.32 Acres). The property has been extensively refurbished to a high specification and benefits from two passenger lifts, 2.8m-3.2m clear floor to ceiling heights, heating and air conditioning systems, fully raised floors and on site car parking for approximately 140 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 sq m
Floor Areas Approx sq ft
Possession
Ground First Second
Office Office Office
1,153.80 1,129.40 1,146.70
(12,419) (12,157) (12,343)
VACANT (1)
Total
3,429.90
(36,919)
(1) 249.90 sq m (2,690 sq ft) of the second floor is let to Churchgate Premier Homes Ltd for a term of 10 years from 31/01/2019 at a rent of £85,964 per annum exclusive with a tenant option to determine the lease on 30/01/2024 subject to 12 months written notice. The tenant is not in occupation and is in significant arrears. Further information is available within the legal pack.
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.
