• A freehold retail investment situated in one of Berkshire’s more affluent suburbs.
• A large, prominent, well configured store over ground and first floor ancillary measuring 7,950 sq ft.
• Total income of £114,000 per annum.
• Let entirely to the strong covenant of Budgens Ltd until 24 June 2026.
• Future asset management opportunity to regear the lease with Budgens and add an additional floor subject to planning.
• Offers are invited in excess of £1,650,000 reflecting a Net Initial Yield of 6.46% assuming purchasers costs of 6.8
The property includes a large yard area which is shared in part with the adjacent occupier. Approximately 2,264.49 sq. m. (0.559 acres) of yard is available excluding parking.
In the main the property comprises brick built offices with flat roof with the addition of a steel frame workshop with profile clad elevations and roof.
The offices generally include carpet to the floors, air cooling, data points, windows, radiators supplied by gas fired boiler and good natural light. The offices are served by ladies and gents WC facilities, the ladies doubling up as a disabled facility. The space also comprises a kitchen which includes base and wall units and stainless steel sink and drainer.
The workshop includes concrete floor, three phase power, three electric loading doors, fluorescent lighting, two gas blower heaters and an eaves height of 5.37 metres rising clear.
The property generally includes burglar alarm, fire alarm, solar panels, gas fired heating, air cooling to the offices, 26 normal parking spaces, one disabled space, all contained within a secure fenced and gated yard.
( Agency Pilot Software Ref: 2754 )
High Quality Office Building
Ancells Business Park is well situated in Fleet, Hampshire, close to junction 4a of the M3 and moments from Fleet railway station (average journey time of 49 minutes to London Waterloo). The Park houses a number of blue chip occupiers as well as local enterprises all taking advantage of the Park's proximity to both the national motorway network and the amenities of Fleet itself. The property is within walking distance to local amenities and Fleet railway station.
Beech House is a modern self contained office building set over ground and two upper floors.Terms
The ground floor accommodation is available either combined or in part together with the second floor on new leases direct from the landlord. A range of lease structures are on offer.Accommodation
The available space is as follows:
| Ground floor - West wing | 2,515 sq ft | 233.7 sq m |
| Ground floor - East wing | 3,516 sq ft | 293.2 sq m |
| Second floor - West wing | 966 sq ft | 89.7 sq m |
| Second floor - East wing | 1,079 sq ft | 100.2 sq m |
| Total available | 7,716 sq ft | 716.8 sq m |
viewings through the joint sole agents Hurst Warne or Lambert Smith Hampton, Tim Shaw, 01483 538181 firstname.lastname@example.org
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