Property Information
Address:
165 Bath Road, Slough, South East
, SL1 4AA
, South East
, United Kingdom
Price: Buy: POA
Size: 46667 sq ft4335 sqm
Primary Category: Investment
All Categories:
Investment, Office,
Property Ref/Movehut: MH679638
Property Ref/Agent: 113240
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 10, 2024
Property description
A PROMINENT SINGLE LET INVESTMENT OPPORTUNITY LOCATED IN THE HEART OF SLOUGH CBD
A prominent self-contained HQ style five storey office measuring 4,335.5 sq m (46,667 sq ft).
Located in the central CBD and Slough Town centre with a short walk to Slough Station (Elizabeth Line).
185 car parking spaces providing an excellent ratio of 1:252 sq ft.
A fully occupied and used office let to the strong covenant of Lease Plan UK Limited (Credit Rating 88, A).
The tenant has been in occupation for over 25 years and has recently heavily invested c.£3 million in 2021 demonstrating commitment the building during covid.
The unexpired term provides 4.1 years term certain.
Current passing rent of £1,184,000 per annum equating to £25.37 per sq ft.
Potential to improve the covenant with the recent acquisition by ALD Automotive.
Freehold.
Offers invited for the freehold, subject to contract and exclusive of VAT.
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