Wessex Business Park Halfway, Halfway, Newbury, West Berkshire, RG20 8NS
Investment For Sale
2.95 Acres (1.19 Hectares)
Freehold: Offers in excess of £3,000,000
Industrial Investment
2.95 Acre Site
23,179 sq. ft. of Buildings
Shane Prater
shane@quintons.co.uk
Description
A prime commercial property of interest to Investors and owner occupiers.
The Property comprises approximately 2.95 acres of ground to include approximately 23,179 sq. ft. of buildings.
The site is accessed directly from the A4 which leads to a gated car park. Security gates then give access to the rear.
The site includes offices to the front then the rest of the site provides 9 units of varying sizes with separate yard space.
The property offers huge flexibility, investors can continue to lease the whole site or an owner occupier could at this stage utilise the blue area on the plan (0.85 acres plus building of 9,300 sq. ft.) for their own use whilst still receiving an income.
Further information on the buildings is shown on the tenancy schedule.
The property is held in a Single Purpose Vehcile (SPV). The total rent passing per the tenancy schedule attached is £270,187.50 per annum. The ERV is in the region of £355,062.50 per annum exclusive. Tenancy Schedule is available upon request.
Offers are sought in excess of £3,000,000 (Three Million Pounds).
VAT is applicable.
Location
The property is located at Halfway on the A4 between Newbury and Kintbury.