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Multi-Let Industrial Estate For Sale in Maidenhead

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For Sale by Auction on 26th July 2023, Freehold Multi-Let Industrial Estate, New Farm Buildings, Drift Road, Maidenhead, SL6 3ST

10,682 Sq Ft / Industrial / Mixed Use

Withdrawn - Last updated: 30 November 2023

A multi-let industrial estate on a largely rectangular site totalling approximately 0.53 hectares (1.33 acres), largely laid to tarmacadum/hardstanding. The site is arranged as a mix of single storey industrial/office units, shipping containers, open storage and car parking. In total there are 18 units totalling approximately 992.36 sq m (10,682 sq ft). The site benefits from three phase electricity, Gigaclear fibre connectivity, CCTV and electric gates. We understand that only the site office (Unit 16) is currently assessed for Business Rates.

The site may lend itself to alternative uses or may offer development potential, subject to obtaining the necessary consents. Prospective purchasers are advised to make their own enquiries of the local planning authority (see Planning Details).

Location

The market town of Maidenhead lies in the Royal Borough of Windsor and Maidenhead approximately 30 miles west of Central London and 13 miles north east of Reading. It is accessed via the A4 and A308/A308(M), linking with the M4 motorway at junction 8/9 to the south, which in turn links with the M25 motorway at junction 4b. Maidenhead railway station provides national and regional rail services including regular direct links to London Paddington with a journey time of approximately 20 minutes. Heathrow Airport lies approximately 15 miles to the south east.

Drift Road runs west from the A330 approximately 4 miles south west of the town centre. The property lies on the south side of the road in a semi-rural setting close to Birds Hill Golf Centre.

Accommodation

Unit Size Date Commenced Rent (£pcm)
Unit 1 97.55 sq m (1,050 sq ft) 2015 £850
Unit 2 122.63 sq m (1,320 sq ft) 2016 £1,500
Unit 3 74.32 sq m (800 sq ft) 2014 £750
Unit 4a 14.39 sq m (155 sq ft) 2016 £150
Unit 4b 14.39 sq m (155 sq ft) Unknown 200
Unit 5a 20.44 sq m (220 sq ft) 2016 £300
Unit 5b 16.72 sq m (180 sq ft) N/A Vacant
Unit 6 41.81 sq m (450 sq ft) 2016 £600
Unit 7 81.29 sq m (875 sq ft) 2016 £900
Unit 8 106.84 sq m (1,150 sq ft) 2016 £1,150
Unit 9 36.79 sq m (396 sq ft) N/A Vacant
Unit 10 32.70 sq m (352 sq ft) 2021 £750
Unit 11 42.36 sq m (456 sq ft) 2015 £600
Unit 12 55.74 sq m (600 sq ft) 2015 £600
Unit 13 14.86 sq m (160 sq ft) 2020 £180
Unit 14 72.83 sq m (784 sq ft) 2023 £950
Unit 15 124.86 sq m (1,344 sq ft) 2016 £950
Unit 16 21.83 sq m (235 sq ft) N/A Site office
Storage    N/A Vacant
Caravan 1   2020 £350
Caravan 2   2020 £600
Lorry parking   2019 £600
Plot 1 14.86 sq m (160 sq ft) 2019 £350
Containers 20 x £160 Unknown £3,300
Containers 15 x £100 Unknown £1,500
Site area 0.53 hectares (1.33 acres)    
TOTAL 992.36 sq m (10,682 sq ft)   £17,130

Terms

Tenure - Freehold

Guide Price - £1,700,000

Tenancy - We understand that the various units and components of the site are let on informal or verbal agreements. The tenancy information and floor areas contained in the marketing details have been provided by the Borrower and have not been verified by the Auctioneers or Receivers. Prospective purchasers are therefore to rely on their own enquiries in this regard.

Specification

  • Freehold multi-let industrial estate
  • Rural Berkshire setting
  • Provides a mix of industrial, open storage and offices
  • Good access to the M4, M40 and M25 motorways
  • Asset management opportunities
  • Site area approximately 0.53 hectares (1.33 acres)
  • Currently producing £205,560 per annum (part vacant)
  • On the instructions of James Liddiment and Paul Greenhalgh of Kroll Advisory acting as Joint LPA Receivers

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