Used as vehicle repair workshops with separate ancillary offices
Let by way of two Tenancy at wills
Asset Management Opportunities
Site of approximately 0.12 Ha (0.28 Acres)
Situated on Established Slough Industrial Estate
Excellent location close to J6 of M4 and J15 of M25
Lot 25
Auction 13th July 2023
Rent £60,000 per Annum Exclusive On Behalf of Joint LPA Receivers
Status Sold Prior
Price
Sector Industrial, Warehouse
Auction Venue Live Streamed Auction
Property Information
Location
Miles
5 miles east of Heathrow Airport, 15 miles west of Reading, 19 miles east of Central London
Roads
M4, A355, M25, M40,
Rail
Slough Railway Station
Air
London Heathrow Airport
Situation
The property is well located just south west of Slough town centre on the established Slough industrial estate. The estate benefits from excellent connections being situated close to junction 6 of the M4 and 4 miles west of junction 15 of the M25. The estate features a mix of industrial users including Scottish and Southern Energy, Esso Petrol Station, Chalvey Household Waste Recycling Centre and several vehicle repair workshops.
Tenure
Freehold.
Location
Miles
5 miles east of Heathrow Airport, 15 miles west of Reading, 19 miles east of Central London
Roads
M4, A355, M25, M40,
Rail
Slough Railway Station
Air
London Heathrow Airport
Situation
The property is well located just south west of Slough town centre on the established Slough industrial estate. The estate benefits from excellent connections being situated close to junction 6 of the M4 and 4 miles west of junction 15 of the M25. The estate features a mix of industrial users including Scottish and Southern Energy, Esso Petrol Station, Chalvey Household Waste Recycling Centre and several vehicle repair workshops.
Tenure
Freehold.
Description
The property comprises a hardstanding site of 0.12 Ha (0.28 Acres) upon which sit two vehicle repair workshops with separate ancillary offices.
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Joint LPA Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability. The Receivers are not bound to accept the highest or any offer.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a hardstanding site of 0.12 Ha (0.28 Acres) upon which sit two vehicle repair workshops with separate ancillary offices.
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Joint LPA Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability. The Receivers are not bound to accept the highest or any offer.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Gross Internal Floor Areas Approx sq m
Gross Internal Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Unit 1
Ground Ground First
Workshop Office Office
126.04 46.77 42.84
(1,356) (503) (461)
INDIVIDUAL (t/a Auto Express)
Tenancy At Will from 31/12/2021 (1)
£30,000
Unit 2
Ground
Workshop
114.4
(1,231)
INDIVIDUALS (t/a Medina Autos)
Tenancy At Will from 01/05/2022 (1)
£30,000
Total Approximate Floor Area
330.05
(3,551) (2)
£60,000
(1) The Tenancy At Will provides for a 6 month notice to terminate. (2) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
