Marlborough House, Charnham Lane

Hungerford, RG17 0EY

3,380 sq ft
To Let / For Sale
Development / Office / Residential

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Rare development / investment opportunity available to let or for sale in Hungerford

Property Type Development / Office / Residential
Tenure To Let / For Sale
Size 3,380 sq ft
Price Offers in the region of £575,000
Rent £50,000 per annum
Business Rates £5.21 per sq ft
Energy Performance Rating This property has been graded as D (98)

Key Features

  • Self-contained offices
  • Can be split
  • Kitchenette & WCs on both floors
  • Walking distance of Hungerford Station
  • 3 miles from J14 of M4
  • 15 car parking spaces

Location

Marlborough House is situated just North of Hungerford. It is located off the A4 Bath Road, which connects Reading, Newbury & Bath and gives access to Junction 14 of the M4 Motorway.

Hungerford train station is a 13 minute walk and provides a regular service to Reading, London Waterloo and London Paddington (via Reading).

Description

The property comprises a two storey detached office unit with external car parking. Internally the property provides office accommodation across two floors. The building core provides a staircase, comms cupboard, kitchen tea point and WCs on each floor. Car parking is provided on either side of the unit with a total of 15 spaces.

The landlord may consider splitting the premises on a floor by floor basis subject to terms. Alternatively, this would make an excellent self-contained office for an individual tenant.

The property may be suitable for development STPP.

Specification

- 15 demised car parking spaces
- LED Lighting
- Air Conditioning
- WC & Kitchen facilities on both floors
- Suspended ceiling
- Fibre internet connectivity
- 3-phase power

Available area

We understand the Gross Internal Area (GIA) is as follows:-

Name sq ft sq m
Ground 1,690 157.01
1st 1,690 157.01
Total 3,380 314.02

Lease Summary

The property is currently let to Corvia Limited (company number: 01077600) from 15th March 2017 for a term of 10 years, expiring on 14th March 2027. The passing rent is £44,000 per annum, with a rent review on 15th March 2026. The lease is contracted outside of the security of tenure provisions within the Landlord & Tenant 1954 act.

Terms

The property is available on a new lease on terms to be agreed. Alternatively, the freehold of the property is available to purchase.

Energy Performance Asset Rating

EPC Rating: D:98

Legal Costs and VAT

Each party to bear their own legal costs.

This property is elected for VAT.

Anti-Money Laundering Regulations

To comply with Anti Money Laundering regulations, Haslams Surveyors LLP undertake ID checks for all successful purchasers where legislation requires us to do so.

Viewing & Further Information

Please contact the sole agents for further information or an appointment to view. Internal photos available upon request.