Unit 3 Winnersh Fields Business Park Gazelle CLoe Winnersh Berkshire RG41 5HH

Unit 3 Winnersh Fields Business Park
Gazelle CLoe
Winnersh
Berkshire
RG41 5HH

Freehold Office Investment

Modern detached office building
Let to Caice Acoustic Air Movement Ltd
3 miles south of Twyford Cross Rail Station (Elizabeth Line) and 24 miles from Heathrow Airport
On-site car parking

Lot
58
Auction
18th October 2018
Rent
£76,461 per Annum Exclusive
Status
Sold
Price
£875,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Behalf of Praxis

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Freehold Office Investment

Modern detached office building
Let to Caice Acoustic Air Movement Ltd
3 miles south of Twyford Cross Rail Station (Elizabeth Line) and 24 miles from Heathrow Airport
On-site car parking

Lot 58
Auction 18th October 2018
Rent £76,461 per Annum Exclusive
Status Sold
Price £875,000
Sector
Office
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Behalf of Praxis

Property Information

Location

Miles: 35 miles west of central London, 4 miles south-east of Reading, 6 miles west of Bracknell
Roads: M4, A329(M), A329
Rail: Winnersh Triangle, Winnersh Railway stations, Reading & Twyford Railway Stations (Elizabeth Line) both within 4 miles
Air: London Heathrow

Situation

Winnersh is located 4 miles south-east of Reading, 6 miles north-west of Bracknell and 35 miles west of central London. Winnersh benefits from excellent communications, being located 2 miles north of the M4 (Junction 10) with Winnersh Triangle and Winnersh railway stations, together with Reading and Twyford railway stations (Elizabeth Line) within 5 miles. Heathrow Airport is 24 miles to the east. The property is on a modern office park, on Gazelle Close near to its junction with the A329, which in turn connects to the A329(M) and the M4 2 miles to the south. Nearby occupiers include Halfords, Wickes, Pets at Home and a number of office tenants including Mizuno, Data Inc and Artesian Solutions.

Tenure

Freehold.

Location

Miles: 35 miles west of central London, 4 miles south-east of Reading, 6 miles west of Bracknell
Roads: M4, A329(M), A329
Rail: Winnersh Triangle, Winnersh Railway stations, Reading & Twyford Railway Stations (Elizabeth Line) both within 4 miles
Air: London Heathrow

Situation

Tenure

Freehold.

Description

The property comprises a ground and first floor detached office building. The office accommodation benefits from suspended ceilings, raised floors, staff WCs, comfort cooling
and the right to 14 car parking spaces.

VAT

VAT is applicable to this lot.

EPC

Description

VAT

VAT is applicable to this lot.

EPC

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Ground First	Office Office	193 sq m 192 sq m	(2,077 sq ft) (2,067 sq ft)	CAICE ACOUSTIC AIR MOVEMENT LIMITED (1)	10 years from 31/10/11 on a full repairing and insuring lease	£76,461	2021
Total		385 sq m	(4,144 sq ft)			£76,461

(1) For the year ended 28th February 2017, Caice Acoustic Air Movement Limited reported a turnover of £11,721,442, pre-tax profits of £834,240 and a net worth of £1,521,015 (Source:- Experian 19/09/2018). Website - www.caice.co.uk