Let to Zype TV Limited until December 2035 (subject to option)
Two storey office building of approx. 473.54 sq. m. (5,098 sq. ft.)
13 allocated parking spaces
Situated within an established business park
Close to Wokingham Railway Station and M4/M3 motorways
Modern Internal fit out of Office Accommodation
Lot 26
Auction 30th October 2025
Rent £90,790 per Annum Exclusive
Status Available
Guide* Contact Us
Sector Office
Auction Venue Live Streamed Auction
Property Information
Location
Miles
7 miles southeast of Reading, 30 miles west of Central London
Roads
M4, M3
Rail
Wokingham Railway Station
Air
London Heathrow Airport
Situation
The property is located within Millars Brook, an established business park facing Molly Millars Lane. The surrounding Millars Brook provides further retail, industrial, trade counter and offices with occupiers including Screwfix, Topps Tiles, Toolstation, M&S, Tesco, Lidl, McDonalds and Burger King and benefitting from excellent access to the M4, A329 (M) as well as Wokingham and Winnersh Railway Stations.
Tenure
Freehold.
Location
Miles
7 miles southeast of Reading, 30 miles west of Central London
Roads
M4, M3
Rail
Wokingham Railway Station
Air
London Heathrow Airport
Situation
The property is located within Millars Brook, an established business park facing Molly Millars Lane. The surrounding Millars Brook provides further retail, industrial, trade counter and offices with occupiers including Screwfix, Topps Tiles, Toolstation, M&S, Tesco, Lidl, McDonalds and Burger King and benefitting from excellent access to the M4, A329 (M) as well as Wokingham and Winnersh Railway Stations.
Tenure
Freehold.
Description
The property comprises a modern two storey office building of approximately 473.54 sq m (5,097 sq ft), providing a mix of open plan and partitioned office accommodation. The property benefits 13 allocated parking spaces.
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 two storey office building of approximately 473.54 sq m (5,097 sq ft), providing a mix of open plan and partitioned office accommodation. The property benefits 13 allocated parking spaces.
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
Tenant
Term
Rent p.a.x.
Rent Review
Ground First
Office
236.77 236.77
(2,549) (2,549)
ZYPE TV LIMITED
10 years from 25/12/2025 (1)
£90,790 (1)
24/12/2030
Total
473.54
(5,098)
£90,790
(1) The lease provides for a period of half rent until 24/12/2026, The Seller will 'top-up' the rent from completion of the sale until the end of the half rent period. The lease provides for a Tenant option to determine the lease on 24/12/2030, the Tenant will benefit from a 1 year half rent period if they do not exercise their break.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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