Investment.

Bracknell.

Wickes, Western Road, RG12 1NS

Map View

Status.

Sold on 01/01/2016

Price.

£14,950,000

Location.

Bracknell is a major commercial centre located 32 miles (51 km) west of Central London, 11 miles (18 km) south east of Reading and 10 miles (16km) south west of Windsor. Road communications are excellent. The town is strategically situated between the M3 and M4 motorways providing direct access to London to the east, Southampton to the south west and Bristol to the west.

Junction 10 of the M4 is located approximately 4 miles(6 km) to the north west whilst Junction 3 of the M3 lies approximately 4 miles (6 km) to the south. The M4 is accessed via the A329 (M) trunk road and the M3 is accessed via the A322 dual carriageway.

Description.

The subject property was originally built in 2004 and comprise a high quality purpose built retail warehouse with an outdoor project/garden centre totaling approximately 5,300 sq ft. The property benefits from substantial eaves height of 7 metres (23 ft).

The site is well configured with customer parking strategically situated to the front of the unit and servicing to the rear.There are 163 designated car spaces all at ground level,providing a ratio of 1:246 sq.ft. Servicing is at the rear of the western elevation with access to the service yard directly from Western Road.

The site is rectangular and extends to approximately 2.57 acres(1.04 hectares).

Rent.

£905,545.00 per annum exclusive

Tenant(s).

Wickes Building Supplies Limited

Tenure.

Freehold

Yield.

5.68% NIY

Share.

All viewings are strictly by prior appointment.

David Freeman.

Partner | Investment

Ed Smith.

Partner | Investment

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