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Howarth Road, Maidenhead

£1,995,000


Property Specification

Move estate agents Slough present this modern business unit partly profile clad with access via two roller shutter doors together with separate pedestrian access points to reception areas and the main business unit. Internally it is arranged to provide ground floor workshops, offices and staff areas with mezzanine storage and office accommodation at first floor level. Externally there are significant parking areas with the entire site extending to approximately 0.49 acres. Whilst the present unit provides significant business space it may be possible to redevelop the site from greater utilisation of the site area creating a larger unit with an additional floor subject to the necessary consents. Purchasers are deemed to rely on their own enquiries.

The property is currently occupied under a lease which expires 24th June 2019 let to Meggitt Properties Plc at a current rent of £125,000 per annum. The tenant is relocating to premises in Coventry following the expiration of their lease.

The original lease was for a term of 20 years from 24th June 1997 to Pacific Scientific Limited and was assigned and varied to Meggitt Properties Plc (associated company of the original tenant) on 13th October 2017.
Vacant possession as of June 2019.

Key Features

accommodation:
Ground floor workshop 398.46sqm (4,288.9sq.ft.)
Area under supported floor 109.94sqm (1,183.3sq.ft.)
Staff room 11.98sqm (128.9sq.ft.)
Ground floor offices 123.9sqm (1,333.6sq.ft.)
Mezzanine storage area 132.48sqm (1,426.0sq.ft.)
First floor offices 92.04sqm (990.7sq.ft.)
Total internal area 868.8sqm (9,351.68sq.ft.)
total site area:
1,987sqm (21,380sq.ft./0.49 acre)



Location


Accomodation & Measurements