Industrial for sale

Unit 2, The Maple Centre, Downmill Road, Bracknell RG12

Description

Unit 2 is a mid-terrace industrial warehouse of steel portal frame construction, with offices on the ground and first floor. The warehouse has an electronically operated loading door, 3 phase electricity, 6.5m eaves and space for outside storage to the rear. There is a Landlord owned mezzanine which offers a further 1,049 sq ft of floor area. The offices benefit from suspended ceilings, LED lighting, gas central heating and double glazing throughout. There is a generous loading and turning area plus parking for 14 cars in the yard to the rear with a further 19 parking spaces at the front of the unit giving a total of 33 parking spaces.

Location

The Maple Centre is situated in the well established Western Business Area of Bracknell, a short distance from the town center. There is rapid access onto the A329(M) which joins the M4 at junction 10. The M3 is approximately 4 miles to the south via the A233 dual carriageway. Other Bracknell occupiers include John Lewis/Waitrose, Fujitsu, Panasonic, Honda and Carrier. Trade Counter occupiers include Howdens, Wickes, Screwfix, Jewson, Travis Perkins and Tile Giant.

Viewings

By prior arrangement with the agents.

Terms

Available to purchase as a Freehold investment, with the benefit of an Fri 10 year lease to dlm Rigging Ltd (previously dlm Event Services Ltd) to 23rd March 2033. Rent of £175,000pa exclusive with an upward only rent review to market value on 24th March 2028. The Vendor would be willing to fund a rental uplift to £200,000pa until the March 2028 Rent Review date.

VAT

All figures quoted are exclusive of VAT, but this will not be chargeable in the event of an investment sale as a togc. Subject to all necessary compliance.