WF Senate Western Road Bracknell Berkshire RG12 1QP

WF Senate
Western Road
Bracknell
Berkshire
RG12 1QP

Freehold Trade Counter Investment

Entirely let to WF Electrical Limited for 21 years
Prominently situated adjacent to Wickes, approx. 100 yards from Western Trade Centre and opposite Trade City
Approximately 843.91 sq m (9,084 sq ft) with parking for some 22 cars
Nearby occupiers include Halfords Auto Centre, Screwfix, Plumb Centre, HSS Hire and Homebase
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
41
Auction
19th May 2016
Rent
£72,750 per Annum Exclusive
Status
Sold
Price
£1,010,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Trade Counter Investment

Entirely let to WF Electrical Limited for 21 years
Prominently situated adjacent to Wickes, approx. 100 yards from Western Trade Centre and opposite Trade City
Approximately 843.91 sq m (9,084 sq ft) with parking for some 22 cars
Nearby occupiers include Halfords Auto Centre, Screwfix, Plumb Centre, HSS Hire and Homebase
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 41
Auction 19th May 2016
Rent £72,750 per Annum Exclusive
Status Sold
Price £1,010,000
Sector
Trade Counter/Builders Merchants
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 11 miles south-east of Reading, 40 miles west of London, 10 miles south of Maidenhead, 17 miles north-west of Guildford
Roads: A329, A322
Rail: Bracknell
Air: Heathrow Airport

Situation

The property is situated approximately 1 mile to the west of the town centre, in an established trade counter and industrial area. The property fronts the busy Western Road, the main arterial route through the Western Industrial Estate. The newly developed 12 unit Trade City lies directly opposite, while the Western Trade Centre is located some 100 yards away. Nearby occupiers
include Wickes, Homebase, Halfords, Europcar, Kwik Fit, Screwfix, Homebase,
Argos and Habitat.

Tenure

Freehold.

Location

Miles: 11 miles south-east of Reading, 40 miles west of London, 10 miles south of Maidenhead, 17 miles north-west of Guildford
Roads: A329, A322
Rail: Bracknell
Air: Heathrow Airport

Situation

Tenure

Freehold.

Description

The property comprises a substantial single storey warehouse with trade counter, office and storage accommodation. There is a loading area to the front and a gated yard providing parking for approximately 22 cars. The property has a site area of approximately 0.17 hectares (0.42 acres).

Six Week Completion

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

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)		Tenant	Term	Rent p.a.x	Review (Reversion)
Ground	Trade Counter/ Warehouse	843.91 sq m	(9,084 sq ft)	WF ELECTRICAL LIMITED t/a WF Senate (1)	21 years from 29/04/1999 on a full repairing and insuring lease	£72,750	29/04/2014 29/04/2019 (28/04/2020)
Totals		843.91 sq m	(9,084 sq ft)			£72,750

(1) WF Senate is part of the Rexel Group, a global leader in the distribution of electrical supplies and services. Rexel serves three main end markets: industrial, commercial and residential. The Group operates in 37 countries, with a network of some 2,100 branches, and employs over 28,000 people. (Source: www.wfsenate.co.uk) WF Electrical Limited are a subsidiary of Rexel UK Limited. Rexel UK Limited currently pays the rent. For the year ending 31st December 2014, Rexel UK Limited reported a turnover of £811,323,000, pre-tax profits of £30,869,000 and a net worth of £50,456,000. (Source: Experian Group).