Unit 3 Millars Brook Business Park Molly Millars Lane Wokingham Berkshire RG41 2AD

Unit 3 Millars Brook Business Park
Molly Millars Lane
Wokingham
Berkshire
RG41 2AD

Freehold Office Investment

Modern office building of 284 sq m (3,056 sq ft)
Let to Advansys Limited
Less than 1 mile to Wokingham Train Station (GWR and South Western Railway) and 25 miles from Heathrow Airport. Excellent access to London via Junction 10 (M4)
On-site car parking
Nearby occupiers include Screwfix, Topps Tiles, Enterprise, Jewson, Lidl and Tesco

Lot
15
Auction
14th February 2019
Rent
£36,707 per Annum Exclusive
Status
Sold Post
Price
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 office building of 284 sq m (3,056 sq ft)
Let to Advansys Limited
Less than 1 mile to Wokingham Train Station (GWR and South Western Railway) and 25 miles from Heathrow Airport. Excellent access to London via Junction 10 (M4)
On-site car parking
Nearby occupiers include Screwfix, Topps Tiles, Enterprise, Jewson, Lidl and Tesco

Lot 15
Auction 14th February 2019
Rent £36,707 per Annum Exclusive
Status Sold Post
Price
Sector
Office
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Behalf of Praxis

Property Information

Location

Miles: 9 miles south-east of Reading, 12 miles south-west of Maidenhead, 39 miles west of Central London, 9 miles north-east of Basingstoke
Roads: A329 (M), M4, A322, M3
Rail: Wokingham Train Station
Air: London Heathrow Airport

Situation

Wokingham is an attractive historic market town in Berkshire which is popular with commuters, located some 9 miles south-east of Reading, 12 miles south-west of Maidenhead and 39 miles west of Central London. The town benefits from excellent connections to London via the M4 motorway and direct rail services. The property is located to the south-west of the town centre, some 5 miles from J10 of the M4 on a modern office park which is accessed via Molly Millars Lane. Occupiers nearby include Screwfix, Topps Tiles, Enterprise, Jewson, Lidl and Tesco.

Tenure

Freehold.

Location

Miles: 9 miles south-east of Reading, 12 miles south-west of Maidenhead, 39 miles west of Central London, 9 miles north-east of Basingstoke
Roads: A329 (M), M4, A322, M3
Rail: Wokingham Train Station
Air: London Heathrow Airport

Situation

Tenure

Freehold.

Description

The property comprises a two-storey semi-detached self-contained office. The office accommodation benefits from raised floors, suspended ceilings, comfort cooling and the right to 5 parking spaces.

VAT

VAT is applicable to this lot.

EPC

Available from the legal pack at acuitus.co.uk.

Description

The property comprises a two-storey semi-detached self-contained office. The office accommodation benefits from raised floors, suspended ceilings, comfort cooling and the right to 5 parking spaces.

VAT

VAT is applicable to this lot.

EPC

Available from the legal pack at acuitus.co.uk.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Ground First	Office/Ancillary Office/Ancillary	142 sq m 142 sq m	(1,528 sq ft) (1,528 sq ft)	ADVANSYS LIMITED (1)	5 years from 19/11/14 on a full repairing and insuring lease	£36,707	18/11/2019
Total		284 sq m	(3,056 sq ft)			£36,707

(1) For the year ending 31st March 2018, Advansys Limited did not report a turnover or profit, but reported a total net worth of £218,154 (Source: Experian Group 08/01/2019). Advansys operates from three offices across the UK, including Wigan and London (www.advansys.com/about-us).