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Virtual Freehold For Sale with income

For sale: POA|2980 |Office, Offices

PROPERTY DETAILS

FOR SALEPOA
SIZE2980
ADDRESSUnit 4 Diddenham Court, Lambwood Hill, Grazeley, Reading RG7 1JQ
TYPEOffice, Offices
TENUREInvestment Opportunity, For Sale Freehold, For Sale Leasehold
POSTED ON19th November 2020

DESCRIPTION

Diddenham Court is a high quality courtyard office development. With 14 spaces plus overflow the scheme provides an excellent level of parking and is set within landscaped grounds overlooking open fields. The offices consist of accommodation set over ground and first floors with male and female WC’s and a kitchen area. There is an attractive mezzanine level where there is a board room with glass partitions. There are furniture and phone equipment on site so there is potential to reach an agreement on these items should they be required. Unit 4 is let to LEBC group at a rent of £59,600 per annum (£20 psf) on a 10 year lease with a 5 year break. The tenant break is 04/07/22. The tenant is prepared to surrender their lease early should an owner occupier wish to buy Unit 4. The unit benefits from the following amenities Comfort heating / cooling system High quality finishes 4g and 100 gb fibre connectivity LG3 Lighting Suspended ceilings CCTV site security Security gates and perimeter fencing 14 car parking spaces Private bus service to Mortimer station

LOCATION

Location: Unit 4 Diddenham Court, Lambwood Hill, Grazeley, Reading RG7 1JQ

Mortimer (2.2 miles)

Reading West (4.3 miles)

Theale (4.5 miles)

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