Property Description
480 Bath Road comprises a warehouse/industrial unit with two storey offices, mezzanine floor and an electric roller shutter loading door. Externally the property has a large secure gated yard and additional parking spaces at the front. The property has planning consent for B2 use.
478 Bath Road is a refurbished warehouse/industrial unit which has been converted by Sytner in 2012 to a Mini Car Showroom, Service Centre, and Valeting area. The property provides a ground floor area of approximately 29,802 sq ft and the tenant installed a first-floor mezzanine of 11,826 sq ft. There is a large fully glazed showroom and a parts/servicing centre, with the property benefitting from an extensive yard that is currently used exclusively for customer parking, car sales, vehicle management and maintenance.
Both properties were built in 1984. The site provides an area of approximately 2.99 acres (1.212 hectares), representing a site density of 47.5%. To the east there are commercial properties used largely as car showrooms and vehicle repair centres. Awaiting EPC.
Measurements
- Gross Internal Floor Area
478 Bath Road Slough - Sytner Limited| Measurement | metric | imperial |
|---|
| Industrial/Warehouse | 2,769 sq.ft | 29,802 sq.m |
| Eaves Height | 6 | 19′8″m |
| Total Floor Area | 2,769 sq.ft | 29,802 sq.m |
480 - On Application| Measurement | metric | imperial |
|---|
| Industrial/Warehouse | 2,769 sq.ft | 29,802 sq.m |
| Eaves Height | 6 | 19′8″m |
| Total Floor Area | 2,769 sq.ft | 29,802 sq.m |
Agent's Disclaimer
Telsar Ltd give notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or
Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or
Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the
correctness of each of them. No person in the employment of Telsar Ltd has any authority to make any representation or warranty
whatever in relation to this property. All rentals and prices are quoted exclusive of VAT.
Sale Terms
Offers are sought in excess of £16,000,000 subject to contract and exclusive of VAT.
Tenant, lease and rent summary
Bath Road Slough SL1 6BB
| Unit | Tenant | Rental Income | Lease Dates |
|---|
| 478 |
Sytner Limited |
£465,000
£167.95 psf |
|
| 480 | On Application | £500,000
£180.59 psf | -start
-expiry
-break |
| Total Rent |
|
£965,000 |
|
Covenant Information and other comments:
Sytner Limited478 Bath Road is let to Sytner Limited, for a term of 19 years and 6 months from 12th September 2012 ending on 24th March 2032. The next Rent Review is 28th September 2027, with no break options. The current passing rent is £465,000 per annum, reflecting a low rate of £15.60 per sq ft. Rent Reviews are Upwards Only Open Market Rent Reviews.
On Application480 Bath Road is let to Fleetwood Architectural Aluminium Limited, to expire 24th September 2027, with a tenant break on 25th September 2025 with 6 months’ notice. The building could also be purchased with Vacant Possession. The total passing rent is £500,000 per annum, reflecting a very low rate of £11.47 per sq ft. The lease could be terminated at any time by the landlords as the tenant no longer has use for the property.
Agent's Disclaimer
Telsar Ltd give notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or
Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or
Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the
correctness of each of them. No person in the employment of Telsar Ltd has any authority to make any representation or warranty
whatever in relation to this property. All rentals and prices are quoted exclusive of VAT.
There are no plans available to view for this property. Contact the agent for further information
Property Location
The site is prominently situated on Bath Road serviced by excellent transport links due to being located just off of Junction 7 of the M4. This in turn provides access to the M25 allowing easy access to Central London, Heathrow and the surrounding areas. Furthermore the premises is within a brisk walking distance from Burnham Underground Station (Elizabeth Line) and is further serviced by multiple bus routes.
This is an excellent opportunity for an occupier benefit from the high passing traffic and join the local occupiers consisting of Mini, Halfords, Seat, Mercedes, Marks & Spencers, Dunelm & Curry's to name a few.
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