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Residential properties for auction in Buckinghamshire

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LOCATION
Summary: The building commands a prominent position on Bath Road (A4) near its junction with Stowe Road
Miles: Reading 18 miles, central London 25 miles
Roads: A4 (Bath Road), M4 (junctions 6 & 7)
Rail: Slough railway station (2.5 miles)
Air: Heathrow International Airport 11 miles
Nearby Occupiers: Halfords, Sports Direct, Dreams, Skoda, Volvo

DESCRIPTION
A detached trade counter building of traditional construction beneath a part pitched and part flat roof totalling about 1,788.44 sq m (19,252 sq ft) on a site of about 0.20 hectares (0.50 acres). The building is currently arranged as a ground floor sales area/showroom with rear workshop and ancillary accommodation. There is a mezzanine level providing ancillary storage and an office at first floor level. Externally there is a forecourt providing on site car parking and to the rear there is small yard area providing delivery access via a metal roller shutter door.

The building and site may offer future development or alternative use potential, subject to obtaining the necessary consents.

TENURE
Freehold

PLANNING
Slough Borough Council (01753 477340) www.slough.gov.uk. The site allocations within the Slough Borough Council Local Plan indicate that the site lies within an area of change where mixed use and residential development may be acceptable, subject to obtaining the necessary consents. Prospective purchasers are advised to make their own enquiries.

VAT
Refer to the legal documentation

ENERGY PERFORMANCE CERTIFICATE
Rating 88 Band D

Floor Use SQ M SQ FT Tenant Lease Terms Rent £ PA
TOTAL 1,788.44 19,252 £172,500
Ground Ground Ground Mezzanine First Showroom Workshop Ancillary Storage Office 706.84 692.06 151.86 133.06 104.62 7,609 7,450 1,635 1,432 1,126 HSS Hire Service Group plc
(1) with a guarantee from The Davis Service Group plc (2) 25 years from 29/09/1995 £172,500(1) The tenant trades from over 300 branches in the UK and for the year ending 31 December 2016 reported a turnover of £282.40m, a pre tax loss of £17.75m and shareholders’ funds of £26.462m (source: Graydon)
(2) The Davis Service Group plc changed its name to Berendsen plc in 2011 & for the year ending 31 December 2016 reported a turnover of £1.11bn, a pre tax profit of £120.30m and shareholders’ funds of £541.8m (source: Graydon)
The auctioneers have not measured the property. Floor areas obtained from the VOA

SELLER'S SOLICITOR
Kidd Rapinet
Phil Astles
01753 532541
pastles@kiddrapinet.co.uk

* GUIDE PRICE
The guide price is an indication of the minimum price at which, or if a guide price range is given, within which, the seller is prepared to sell at the date of publication. The guide price is not an anticipated sale price or valuation. All prices quoted are subject to contract.

* RESERVE PRICE
The reserve price is the minimum price acceptable to the seller and the price below which the auctioneer cannot sell.

Both the guide and reserve may be subject to change up to and including the day of the auction. The guide price does not include either VAT which may apply to the sale or other amounts the seller may charge. The seller’s Special Conditions of Sale and addendum if any, will state whether there are other seller’s charges and whether the seller has elected to charge VAT on the sale price. On the fall of the hammer a buyer’s fee is payable of £990 inclusive of VAT.
375, Bath Road, Slough, SL1 5QA
A detached trade counter building of traditional construction beneath a part pitched and part flat roof totalling about 1,788.44 sq m
Type: Mixed Use, Trade counter, Office, Residential, Other Property Types & Opportunities, Retail, Offices
Location: 375 Bath Road, SL1 5QA
Size: 178844 Sq M
Images: 6
Brochures: 1
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