3 miles south of Twyford Cross Rail Station (Elizabeth Line) and 24 miles from Heathrow Airport
On-site car parking
Lot 11
Auction 5th December 2018
Rent £59,619 per Annum Exclusive
Status Sold
Price £660,000
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 and 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 and 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.
Description
The property comprises a ground and first floor semidetached office building. The office accommodation benefits from suspended ceilings, raised floors, staff WCs, comfort cooling and the right to 11 car parking spaces.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band C. See legal pack at acuitus.co.uk.
Description
The property comprises a ground and first floor semidetached office building. The office accommodation benefits from suspended ceilings, raised floors, staff WCs, comfort cooling and the right to 11 car parking spaces.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band C. See legal pack at acuitus.co.uk.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First
Office Office
131.80 sq m 131.80 sq m
(1,419 sq ft) (1,419 sq ft)
DIGI VISION GROUP LIMITED (2)
5 years from 16/02/2018 on a full repairing and insuring lease
£59,619 (1)
2023
Total
263.60 sq m
(2,838 sq ft)
£59,619 (1)
(1) The passing rent is £29,809.50 per annum until 15th August 2019 when it increases to £59,619 per annum. The Vendor will top the rent up so that the buyer receives £59,619 per annum from completion of the sale. (2) Digigroup operates from offices in Wembley, Hove and Winnersh in four specialist sectors electrical, security, gas and fire detection/prevention (source: www.digi-group.co.uk).
