Farnborough (Main) Railway Station (34 mins direct to London Waterloo)
Air
London Heathrow Airport, London Gatwick Airport
Situation
The property is prominently situated on the busy Farnborough Road (A325) just north of the town centre and less than a minute walk from Farnborough mainline railway station.
Tenure
Long Leasehold. Held from The Trustees of the Empress Eugenie Memorial Fund for a term of 150 years from 24th June 1966 until 23rd June 2116 at a rent of £60,000 p.a with 25 yearly reviews, with the next review due in June 2016. The rent is reviewed to 10% of the fair yearly rental value.
Location
Miles
35 miles south-west of Central London, 10 miles south-east of Guildford, 18 miles south-east of Reading
Farnborough (Main) Railway Station (34 mins direct to London Waterloo)
Air
London Heathrow Airport, London Gatwick Airport
Situation
The property is prominently situated on the busy Farnborough Road (A325) just north of the town centre and less than a minute walk from Farnborough mainline railway station.
Tenure
Long Leasehold. Held from The Trustees of the Empress Eugenie Memorial Fund for a term of 150 years from 24th June 1966 until 23rd June 2116 at a rent of £60,000 p.a with 25 yearly reviews, with the next review due in June 2016. The rent is reviewed to 10% of the fair yearly rental value.
Description
The property is a prominent detached building comprising six storey office accommodation over two wings with a reception area on the ground floor. The property benefits from perimeter trunking, suspended ceilings and a total approximate site area of 0.667 hectares (1.647 acres) providing parking for a total of 164 cars.
Six Week Completion
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Telephone:+44 (0)20 7034 4857.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property is a prominent detached building comprising six storey office accommodation over two wings with a reception area on the ground floor. The property benefits from perimeter trunking, suspended ceilings and a total approximate site area of 0.667 hectares (1.647 acres) providing parking for a total of 164 cars.
Six Week Completion
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Telephone:+44 (0)20 7034 4857.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Ground
Reception
59.10 sq m
(636 sq ft)
First Second Third
Office Office Office
963.40 sq m 963.40 sq m 963.40 sq m
(10,370 sq ft) (10,370 sq ft) (10,370 sq ft)
SCOTIA AID SIERRA LEONE (1)
Tenancy at will (2)
Fourth Fifth
Office Office
963.40 sq m 963.40 sq m
(10,370 sq ft) (10,370 sq ft)
VACANT POSSESSION – Current tenant’s (National Westminster Bank plc) lease expiring 20/10/2014
Ground
Car Parking (46 spaces)
HOGG ROBINSON (TRAVEL) LIMITED
(3)
£25,300 (3)
Totals
4,876.10 sq m
(52,486 sq ft)
£25,300
(1) Scotia Aid Sierra Leone was launched in May 2010 and works directly with children in Sierra Leone in their own environment towards reunification with their families, reintroduction to education and the creation of a sustainable home life. (Source: www.scotiaaid-sierraleone.org.uk 28/08/2014) (2)Scotia Aid Sierra Leone’s tenancy at will is terminable upon one month’s notice. The tenant is not currently in occupation. (3) Hogg Robinson (Travel) Limited currently have a licence for 46 car parking spaces for which they pay £550 p.a. per space. The licence is terminable by either party by giving 28 days’ notice. Please see legal pack for further information.
