Lot 27 Click here for addendum
6 Week completion
SITUATION
The property is located on a tree-lined business park in Bramley, approximately 13 miles from Reading and 6 miles from Basingstoke. Bramley Mainline Station offers direct service to Reading in 17 minutes and to Basingstoke in 9 minutes. Frequent trains from Reading to Paddington Station in London take under 30 minutes. Bramley will also benefit from the opening of the Elizabeth Line Crossrail hub in Reading in 2018. The office park also benefits from excellent road connections to the M3 (Junctions 6 and 7) and the M4 (Junction 11) via the A33.
PROPERTY
A detached building comprising 5 Adjoining Office Units with allocated Parking for 46 Cars.
• Units 25 & 29 are arranged on Ground Floor only.
• Units 26, 27 & 28 are arranged on Ground and First Floor.
• Units 26 to 29 (4 Units) are interconnecting on Ground and First Floor levels.
VAT is applicable to this Lot
FREEHOLD
TENANT PROFILE
Zetron Inc has been designing and manufacturing control and communications systems since 1980 and is headquartered in Redmond, Washington, USA. The Bramley office is their Head Office for Europe, the Middle East and Africa - Visit: www.zetron.com.
The ultimate owner of Zetron Inc is JVC Kenwood.
Note 1: The combined rent for Units 26 to 29 is currently £58,000 rising to £67,000 from 4th March 2018 and the Vendor will make up this rent shortfall on completion.
Note 2: In respect of Units 26 to 29, the Tenant did not operate their March 2018 Break Option Clause, which required 12 months' prior notice.