Gazelle Close, Winnersh, Wokingham, RG41 5QS
|Size||4,126 sq ft|
|Business Rates||£9.71 per sq ft based on the 2023 business rates valuation|
|Energy Performance Rating||This property has been graded as C (63)|
Located on a modern and popular business park, 4 Winnersh Fields is a modern detached two storey office with suspended ceilings, raised floors, comfort cooling, WCs, kitchenettes, a DDA compliant lift and 14 allocated parking spaces. The ground floor is occupied by Borer Data Systems Ltd. The first floor is currently occupied by Pyronix Ltd whose break clause has been actioned, making this space available for re-let or for occupation by a new owner occupier.
The accommodation comprises the following areas:
|Name||sq ft||sq m||Availability|
Winnersh is located in the heart of the Thames Valley being 4 miles south-east of Reading, 6 miles north-west of Bracknell and 35 miles west of Central London. Winnersh benefits from excellent communications, being located on the A329(M), 2 miles north of the M4 (Junction 10) with Winnersh Triangle and Winnersh Railway Stations within walking distance, together with Reading and Twyford Railway Stations (Elizabeth Line) all within 5 miles. Heathrow Airport is 24 miles to the east. Nearby occupiers include Halfords, Wickes, Pets at Home and a number of office tenants including Mizuno, Digi Vision and Artesian Solutions.
The Ground Floor is occupied by Borer Data Systems Ltd on a lease until May 2027. The lease is subject to a tenant option to determine on 22/05/2024. Thereafter, the lease will automatically extend for a further period of one year, subject to a mutual option to determine on six months notice at at a new rent of £31,140 per annum.
The First Floor is currently occupied by Pyronix Ltd at a rent of £40,000 p.a.x. but the break clause has been actioned making this space available for re-let or immediate occupation by a new owner occupier.
Total Current Rental Income £74,254 p.a.x. Gross yield approx 7.6% or £235 psf capital value.