modern office building - Realla
MODERN OFFICE BUILDING TO LET / FOR SALE SHERWOOD HOUSE, 78 LONDON ROAD, NEWBURY BERKSHIRE, RG14 1LA 5,978 SQ FT (555.36 SQ M)
PLANNING EXISTS FOR CONVERSION
SITUATION The property is situated on London Road, Newbury. The property occupies a prominent location at the gateway to Newbury. DESCRIPTION The property comprises modern office premises having accommodation on ground and two upper floors. There is a private car park at the front and side of the property with access from London Road and the capacity for approximately 27 cars. The building is of steel frame construction with brick elevations under a pitched slate roof. The elevations incorporate aluminium frame double glazed windows with sliding sashes. The building, which was erected in 1996, is arranged to provide offices in clear space on each floor, which form a U shape on plan around the central service core. The service core contains lift, staircase and toilets. The office accommodation has a single entrance from the car park, which provides access to the ground floor and central service core. Amenities include gas fired heating, suspended ceilings, air cooling and balcony areas to the second floor. PLANNING The property has planning under permitted development (16/01108 PACOU) for conversion to 9 units. We believe there is further development potential within the car park. ACCOMMODATION
Total RATING ASSESSMENT Rateable Value £67,000 Rates Payable £33,299 ENERGY PERFORMANCE CERTIFICATE This property has an EPC rating of TBA and a score of TBA. LEGAL COSTS Each party is to bear their own costs.
Sq. M. 555.36
Sq. Ft. 5,978
PROPOSAL The offices are available on a new lease the length of which is open to negotiation. The quoting rent is £105,000 per annum exclusive. The property is also available to purchase, offers are sought in excess of £1.5m VAT is applicable. Best bids are sought by Friday 24th March 2017 at 12 noon. VIEWING Contact Shane Prater on 01635 262510 or Email: [email protected] March 17
PLANNING EXISTS FOR CONVERSION
SITUATION The property is situated on London Road, Newbury. The property occupies a prominent location at the gateway to Newbury. DESCRIPTION The property comprises modern office premises having accommodation on ground and two upper floors. There is a private car park at the front and side of the property with access from London Road and the capacity for approximately 27 cars. The building is of steel frame construction with brick elevations under a pitched slate roof. The elevations incorporate aluminium frame double glazed windows with sliding sashes. The building, which was erected in 1996, is arranged to provide offices in clear space on each floor, which form a U shape on plan around the central service core. The service core contains lift, staircase and toilets. The office accommodation has a single entrance from the car park, which provides access to the ground floor and central service core. Amenities include gas fired heating, suspended ceilings, air cooling and balcony areas to the second floor. PLANNING The property has planning under permitted development (16/01108 PACOU) for conversion to 9 units. We believe there is further development potential within the car park. ACCOMMODATION
Total RATING ASSESSMENT Rateable Value £67,000 Rates Payable £33,299 ENERGY PERFORMANCE CERTIFICATE This property has an EPC rating of TBA and a score of TBA. LEGAL COSTS Each party is to bear their own costs.
Sq. M. 555.36
Sq. Ft. 5,978
PROPOSAL The offices are available on a new lease the length of which is open to negotiation. The quoting rent is £105,000 per annum exclusive. The property is also available to purchase, offers are sought in excess of £1.5m VAT is applicable. Best bids are sought by Friday 24th March 2017 at 12 noon. VIEWING Contact Shane Prater on 01635 262510 or Email: [email protected] March 17
