High quality trade counter investment let to Screwfix
Summary
- Recently built trade counter investment
- Passing rent of £100,000pax
- Adjacent to Ascot station
- Located in an extremely affluent catchment area
- Screwfix Direct Ltd Covenant
Accommodation
The accommodation as originally let to Screwfix comprised the following areas on a GIA basis:
| Name | sq ft | sq m |
| Ground - J3 | 1,916 | 178 |
| 1st - J3 original office | 325 | 30.19 |
| 1st - J3 Landlord's mezzanine | 1,228 | 114.08 |
| Ground - J4 | 1,944 | 180.60 |
| 1st - J4 original office | 325 | 30.19 |
| 1st - J4 Landlord's mezzanine | 1,240 | 115.20 |
| Total | 6,978 | 648.26 |
Location
The units are located close to the retail heart of Ascot and immediately adjacent to Ascot Station. It is also only a short drive to both M3 and M4 motorways. Ascot Business Park serves an extremely affluent catchment area.
Get directions from Google Maps
Mainline Stations
-
Ascot (Berks)2 mins
-
Martins Heron38 mins
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Sunningdale42 mins
-
Bagshot55 mins
Underground Station
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Maidenhead156 mins
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Taplow158 mins
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Slough159 mins
-
Burnham160 mins
Further Information
Price Offers in excess of £1,500,000
Rates Payable £34,944 per annum approx, from April 2023.
Estate Charge £2,400 per annum Approximate figure for the year to end 2024
EPC Rating Property graded as C-C (71-72)
Description
Units J3 and J4 Ascot Business Park are let under a single lease to Screwfix Direct Ltd and each comprised ground floor storage, first floor purpose built offices and a high quality first floor mezzanine when let. Screwfix have made alterations documented under an Agreement for Lease. Pre mezzanine eaves height of 7m+ and designated parking in front of the units.
Viewings
By prior arrangement with the Sole Agents: Page Hardy Harris.
Terms
The virtual freehold is available for sale as an investment, with the benefit of a 999 year lease.
The units are let under a single 10 year lease to Screwfix Direct Ltd until June 2029, at a passing rent of £100,000 pax.
Legal Fees
Each party will be responsible for their own Legal Fees.
VAT
All figures are quoted exclusive of VAT, which we understand is chargeable.
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