Office for sale in 4 Winnersh Fields, Gazelle Close, Winnersh, Wokingham RG41, £975,000

975,000.00

Offer Nr.:
64212747
Type of ad:
for Sale
Property type:
Office
Contact name:
Christopher Thomas
Phone(s):
01753 903388

* Freehold
**Key Points**
* Great M4 junction 10 access
* Popular business park
* 14 allocated parking spaces
* Ground and first floor detached building
* 7. 3% gross yield
**Description**
Located on a popular business park, this detached two storey office has
suspended ceilings, raised floors, comfort cooling, WCs, kitchenettes, a dda
compliant lift and 14 allocated parking spaces. Borer Data Systems Ltd occupy
the ground floor, Pyronix Ltd occupy the first floor.
**Location**
Winnersh is 4 miles south - east of Reading, 6 miles north - west of Bracknell and
35 miles west of Central London and benefits from excellent communications,
being located on the A329(M), 2 miles north of the M4 (Junction 10) with
Winnersh Triangle and Winnersh Railway Stations within walking distance,
together with Reading and Twyford Railway Stations (Elizabeth Line) all within
5 miles. Heathrow Airport is 24 miles to the east. Nearby occupiers include
Halfords, Wickes, Pets at Home and a number of office tenants including
Mizuno, Digi Vision and Artesian Solutions. Aldi have recently submitted a
Planning Application for a new store next to Winnersh Fields highlighting the
provenance of the location.
**Terms**
Ground Floor occupied by Borer Data Systems Ltd on a lease to May 2027. The
lease is subject to a tenant option to determine on 22/05/2024. Thereafter,
the lease automatically extends for a further year, subject to a mutual option
to determine on six months notice at a new rent of £31, 140 per annum.
First Floor occupied by Pyronix Ltd at a rent of £40, 000 p. a. x. A break clause
of 02/09/2024 with the lease ending 23rd September, 2026. The break notice is
at least 4 months before the break date.
Total Current Rental Income £71, 140 p. a. x. Gross yield approx 7. 3% or £235 psf
capital value.

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