51046 sq. ft (4742.33 m²)
Key features
- Ideally positioned just 320 meters from Woking Train Station, providing direct access to London Waterloo within approximately 24 minutes, and Portsmouth in 64 minutes
- Comprises 51,046 sq ft of office space across 6 storeys
- EPC C (55)
- 900-year long leasehold interest with ground rent fixed at £100 per annum
- Multi-let to 3 tenants, with a WAULT of 2.45 years to break and 3.38 years to expiry
- 81% let with a contracted rental income of £1,123,104 per annum producing a low average passing rent of £27.49 per sq ft. Prime rents in Woking have achieved in excess of £40.50 psf for Cat A and £48.50 psf for Cat A+, demonstrating strong reversio...
- We are instructed to seek offers in excess of £10,500,000 (Ten Million Five Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive Net Initial Yield of 12.50% and a low capital value of £206...
Description
open-plan office accommodation with full access raised floors, suspended ceilings and modern lighting.
All floorplates benefit from exceptional floor to ceiling heights and excellent natural light throughout. The central core provides 2 passenger lifts with WC and shower facilities to each floor, together with escape and access stairs to the rear and side of the building through all floors. The top floor benefits from a large external terrace.
Unit Name: g | 841 sqft |
Unit Name: g | 6461 sqft |
Unit Name: 1st | 9354 sqft |
Unit Name: 2nd | 9380 sqft |
Unit Name: 3rd | 9375 sqft |
Unit Name: 4th | 9364 sqft |
Unit Name: 5th | 6271 sqft |
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