£1.5m Queens Road Offices Upgrade Sees Strong Investment Return

Posted on 7 April, 2016 by Chris Grigorovsky

Croudace Properties, advised by Lambert Smith Hampton’s Reading team, undertook an extensive upgrade of 3 Queens Road since acquiring it in June 2014, which has now seen its first tenant.

Queens Rd

The 15,239 sq ft grade A office space comprises open plan floorplans over ground and three upper floors. The ground, first, second and third floors offer 3,635 sq ft, 3,939 sq ft, 3763 sq ft and 3,902 sq ft respectively.

LSH has managed to secure its first tenant, Operational Research in Health Ltd, which has acquired the second floor.

Commenting on the letting, senior surveyor at Lambert Smith Hampton, Hannah Bennett, said: “Operational Research in Health Ltd wanted to re-locate to high quality offices on a single floor in Reading town centre, close to amenities and the train station.

“3 Queens Road ticks all of these boxes and they were particularly keen to take advantage of the high-spec refurbishment. Interest in the remaining floors is high and we look forward to a 100% occupancy rate in the near future.

The ground, first and third floors are still available and if interested then you can register with LSH.

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