Alpha & Beta, Springfield Drive, Leatherhead Office Park, Leatherhead, KT22 7NL

• Landmark headquarters business park located in Leatherhead, a core South East centre.• Leatherhead’s excellent road links, proximity to the M25, Central London and Heathrow and Gatwick Airports, as well as its strong professional employment base have made it an attractive and established location favoured by many multi-national occupiers.• Alpha & Beta are prominently positioned in the centre of Leatherhead Office Park, the town’s premier business park.• Two self-contained office buildings arranged over ground and first floors totalling 43,423 sq ft.• Modern, open plan floor plates capable of serving a wide range of occupier requirements.• Exceptional car parking ratio of 1:167 sq ft.• The large site extends to 3.7 acres and offers future redevelopment potential, subject to planning.• Let to Kellogg Brown & Root Ltd (KBR) producing £674,000 per annum which equates to a low average rent of £15.52 per sq ft.• Fixed uplift in 2020 as a result of a CPI linked rent review with a cap and collar of 1% and 5%.• Kellogg Brown & Root Ltd is rated 5A1 by Dun & Bradstreet, representing a minimum risk of business failure.• Alpha & Beta are let at a 50% discount to prime rents in Leatherhead thereby providing a low base for future rental growth.• Offers are sought in excess of £7,900,000 (Seven Million, Nine Hundred Thousand Pounds), subject to contract and exclusive of VAT.• A purchase at this level reflects an attractive net initial yield of 8.00% exclusive of purchaser’s costs of 6.67% and a low capital value of £182 per sq ft.

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