Deriaz Campsie
Deriaz Campsie
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Pioneer Works, Marsh Lane, Taplow

Freehold Warehouse & Yard Investment OFFERS TO BE SUBMITTED BY 5PM ON THURSDAY 30th JUNE 2022
  • Type: Warehouse,Land,Indus...
  • Availability: AVAILABLE
  • Ref: 479784
  • Size: 3841 - 3841 Sq Ft

Description
The site is located on the eastern side of Marsh Lane three quarters of a mile south of the A4 and two miles east of Maidenhead. The M4 motorway is within a few minutes drive at junctions 7 & 8/9.
Taplow railway station is close by providing direct access to London Paddington. Communication links are therefore excellent.

Accommodation
The property comprises of a self-contained secure yard with with a site area of approximately 0.7 acres. with office/warehouse & open fronted storage accommodation plus an extensive concreted yard area. The property has been in the same ownership for over 40 years and is let to Heras Perimeter Protection Ltd who have been in occupation for over 10 years.

Subject to planning we are of the opinion the site has potential for residential development.

Office 1570 sq.ft (146 sq.m)
Warehouse & Storage 2270 sq.ft (211 sq.m)

Total 3841 sq.ft (357 sq.m)

Amenities
The freehold is available subject to an existing lease to Heras Perimeter Protection Ltd. for a term of 5 years from 6th June 2021 at a current rental of £45,000 pax rising to £48,000 pax in June 2023 payable monthly in advance, subject to a tenant only break on 5th June 2024 subject to 6 months prior notice. The lease is outside the security provisions of the Landlord & Tenant Act 1954.

The tenant is up to date with the rent & has maintained regular rental payments through-out the pandemic. Heras is a European leading end-to-end supplier of permanent and mobile perimeter protection solutions. They operate in over 24 countries and employ more than 1100 highly skilled experts and was established in 1952.

Offers are invited in the order of £850,000 to reflect the quality of the current tenant & potential for residential development (STP) showing an initial gross yield of 5.3% rising to 5.6% in 2023.

OFFERS TO BE SUBMITTED BY 5PM ON THURSDAY 30th JUNE 2022

Viewing
Rateable Value £31,000

VAT
Each party to bear its own legal fees in this transaction.

Legal Costs
The property is not elected for VAT

Other
Through the sole selling agent David Pearce- Deriaz Campsie
01628 495500/07921 8209843
Email:david.pearce@deriazcampsie.com

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