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Industrial development

Auction
Industrial development
Added > 14 days

Features and description

  • Offered on the instructions of Slough Borough Council
  • Freehold multi let business park investment
  • Seven units totalling 169.36 sq m (1,823 sq ft)
  • Future development potential (subject to consents)
  • Asset management opportunities
  • 6 week completion
  • Producing £22,494 per annum
  • Online Auction on Wednesday, 26 July 2023

A triangular shaped site of approximately 0.07 hectares (0.18 acres) arranged as an L-shaped terrace of seven single storey commercial units totalling approximately 169.36 sq m (1,823 sq ft). The site is secure being bounded by a brick wall and gate and externally there is surface car parking. The site may lend itself to alternative uses (subject to obtaining the necessary consents) and prospective purchasers are advised to make their own enquiries in this regard.


Location:

Slough is one of the principal towns in the Thames Valley lying on the M4 Corridor approximately 20 miles west of Central London and 19 miles north east of Reading. It lies immediately to the north of the M4 motorway, from which it can be accessed via junctions 5, 6 and 7. The M25 intersection (junction 15) lies approximately 4 miles to the east and the M40 motorway lies about 8 miles to the north accessible at junction 2. The A4 (Bath Road) is one of the main commercial locations in the Thames Valley with occupiers including O2, McAfee and Nintendo.

Slough railway station provides regional and national rail services including regular services to London Paddington with a journey time of 15 minutes and London Heathrow Airport lies approximately 5 miles to the south west.

Trelawney Avenue runs east from Blandford Road South about 2 miles east of the town centre. The property lies to the north of the road in a predominantly residential area and bounded by Langley College to the north and Trelawney Retail Parade to the south.


Tenancy:

We understand that all seven units are let on informal tenancies currently producing £22,494 per annum. Prospective purchasers are advised to refer to the legal pack.


Online Auction on Wednesday, 26 July 2023. For further information, such as legal documents and property information, please visit bidx1.com.
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About this agent

Bidx1 - London
Bidx1 - London
Henry Wood House, 4-5 Langham Place London W1B 3DG
020 8033 0374
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BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 10,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £1.7 million worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, South Africa, Spain and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.
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