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
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.
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
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.
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).
Contacts
Seller's Solicitors
Dentons UKMEA LLP 21 Station Road Watford WD17 1HT
