Lyndhurst Road, Ascot, SL5 9FE
Property Type | Industrial / Investment |
Tenure | For Sale |
Size | 6,978 sq ft |
Business Rates | £34,944 per annum approx, from April 2023. |
Energy Performance Rating | Property graded as C-C (71-72) |
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.
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 |
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.
By prior arrangement with the Sole Agents: Page Hardy Harris.
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.
Each party will be responsible for their own Legal Fees.
All figures are quoted exclusive of VAT, which we understand is chargeable.