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Single let reversionary office opportunity

Windsor, United Kingdom

89%

£5.000.000

Office

#16516

Core+

1 Mar 2024

Property Details

Broker

For sale

11,938 sq.ft.

1,109 m²

Leasable area

418 £/sq.ft.

4,508 £/m²

7.50 %

1

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

Prominently located within walking distance of the town centre and train stations, being 5 minutes respectively. Single let with an unexpired lease term of 6 years with an upwards only open market rent review in 2024. The property is let off a low passing rent of £399,000 per annum (£33.42 psf). Well specified three storey office building totalling 11,938 sq ft (1,109 sq m) on a self-contained site of 0.36 acres / 0.144 ha. 17 barrier-controlled parking spaces reflecting an excellent car park ratio of 1:702. Excellent access on to the M4 to Heathrow, London and the wider M4 corridor. The building is arranged over ground, first and second floors with barrier controlled surface parking to the rear.