Bourne End Business Park

Cores End Road, Bourne End, SL8 5AS

Bourne End Business Park, Bourne End, Investment / Offices For Sale - Cavendish House
Bourne End Business Park, Bourne End, Investment / Offices For Sale - Unit E
Bourne End Business Park, Bourne End, Investment / Offices For Sale - Unit K
Bourne End Business Park, Bourne End, Investment / Offices For Sale - Cavendish House
Bourne End Business Park, Bourne End, Investment / Offices For Sale - Unit E
Bourne End Business Park, Bourne End, Investment / Offices For Sale - Unit K
Property Type Investment / Offices
Tenure For Sale
Size 16,172 sq ft
Energy Performance Rating Property graded as A-E

Freehold Office Investment Opportunity

Key Points

  • Three buildings totalling 16,172 sq ft, available individually or as a package
  • Fully let to 7 tenants with a total current income of £321,250 pa reflecting an average rent of only £19.86 psf offering excellent scope for future rental growth.
  • Potential for longer term residential conversion subject to planning.

Description

The investment comprises three office buildings: two single let self contained office units and one larger multi let office building. All buildings are two storey with brick elevations under a pitched slate tiled roof. Each property benefits from double glazed windows, air conditioning, perimeter trunking and an excellent parking ratio. Cavendish House is configured in an L shape and is currently let to 5 tenants. The building benefits from a central core with male and female wc’s on each floor together with a lift and staircase. The office suites have suspended ceilings with Cat II lighting, fully accessed raised floors with carpet covering. Units E and K are similar in specification in that they are end of terrace self contained offices with suspended ceiling incorporating Cat II lighting, fully accessed raised floor with toilets on ground and first floor.

Available area

The accommodation comprises the following areas:

Name sq ft sq m EPC
Unit - Cavendish House 13,835 1,285.31 A-D (23-78)
Unit - E Bourne End Business Park 884 82.13 D (84)
Unit - K Bourne End Business Park 1,453 134.99 E (118)
Total 16,172 1,502.43

Location

Bourne End is an affluent market town on the River Thames, lying between the M4 and the M40 motorways. It is in a central location surrounded by several other towns including Marlow, Maidenhead, Beaconsfield & High Wycombe. The town is at the southern boundary of the county of Buckinghamshire close to it’s border with Berkshire. Maidenhead is 5 miles south and High Wycombe 6.3 miles north. The properties are situated on the Bourne End Business Park on the south side of Cores End Road (A4155). The park is situated in the town centre opposite Bourne End train station and less than 100m from the High Street.

Viewings

By prior arrangement with the agents.

Terms

We are instructed to seek offers for the three buildings either individually or as a package. Available Freehold, subject to the leases in place. Full details in the brochure.

Legal Fees & VAT

Each party will be responsible for their own Legal Costs. All figures are quoted exclusive of VAT. The properties have been elected for VAT purposes and it is expected that the sale will be treated as a TOGC.