Extensively Refurbished Grade a O Ce Accommodation, Prominently Positioned on Stockley Park, Close to Heathrow, with Views Over an Impressive Tree Lined Square
A PRIME INVESTMENT OPPORTUNITY ON ONE OF EUROPE’S LEADING BUSINESS PARKS Extensively refurbished Grade A o ce accommodation, prominently positioned on Stockley Park, close to Heathrow, with views over an impressive tree lined square. 2 4 THE SQUARE, STOCKLEY PARK Investment Summary • Prime South East multi-let o ce prominently positioned on one of Europe’s premier business parks. • Stockley Park is home to an impressive list of occupiers including Apple, GlaxoSmithKline, Canon, Marks & Spencer, Sharp, Hasbro and Suntory. • Extensively refurbished Grade A oce accommodation, situated within the most recently developed area of Stockley Park on an impressive tree lined square. • 4 The Square is arranged over ground, first, second and third floors, comprising a total of 81,403 sq ft (NIA). • The property, which was extensively refurbished in 2014, benefits from an impressive entrance, double height reception and common parts. • 356 car parking spaces with an excellent ratio of 1:229 sq ft. • BREEAM UK Non-Domestic Refurbishment and Fit-Out 2014 ‘Excellent’. • The property is multi-let to three tenants, providing a WAULT of approximately 5.40 years to breaks. • Total income available is £2,327,466 per annum, reflecting £28.83 per sq ft. The vendor will provide a 24 month rental guarantee, and a 12 month rates and service charge guarantee on the vacancy. • Highly reversionary when compared with prime rents on Stockley Park at £35.00 psf. • With the rental tone on Stockley Park set to continue to improve, 4 The Square provides a rare opportunity to realise genuine reversionary potential, through letting the vacant accommodation.
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