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Upton Lodge, 322-326 High Street, Slough, SL1 2AQ

27,600 sq ft (2,565 sq m) - SOLD

Description

  • Located in Slough Town Centre, a prime south east office location.
  • Prominently situated adjoining the prime retail pitch and 2 miles from J5 of the M4. 
  • Two interconnected office buildings comprising a three storey building fronting the High Street of 11,808 sq ft and a seven storey office building fronting Yew Tree Road of 15,792 sq ft.
  • Total net floor area of 27,600 sq ft.
  • 48 on-site parking spaces.
  • Entirely let to the Secretary of State for Housing Communities and Local Government.
  • New FRI lease for a term of 10 years from 2nd April 2018.
  • One upward only rent review on 2nd April 2023 to an open market level.
  • Tenants only option to break the lease on 2nd April 2023 subject to no more than 12 nor less than 6 months prior notice and a 3 month rent penalty payment.
  • Passing rent of £347,200 per annum (£12.58 per sq ft).
  • Site area of approximately 0.48 acres (0.2 hectares).
  • Freehold.
  • Future rental growth prospects. Future development potential including a residential conversion, subject to planning.

Accommodation

Floor Size
Low Rise 11,808 sq ft (1,097 sq m)
High Rise 15,792 sq ft (1,468 sq m)
Total 27,600 sq ft (2,565 sq m)

Viewing

Viewing strictly by prior appointment with the sole agent:

Bob Cattaneo

T: 020 8546 2166
E: Email Agent

Andrew Armiger

T: 020 8546 2166
E: Email Agent

Adam Soliman

T: 020 8546 2166
E: Email Agent