No longer on the market
This property is no longer on the market
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Industrial development
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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