Covered land redevelopment opportunity

A rare, covered land redevelopment opportunity on strategic 7.7-acre (3.1 hectare) site on the M40. Single unbroken Freehold ownership providing complete control and flexibility over the business plan for the asset. A highly strategic location with strong connectivity to the wider UK motorway network via the M40, with the M25 reachable in just 10 minutes’ drive, providing quick access to the M25 and the densely populated urban conurbations throughout Greater London and surrounds. Five self-contained and separately accessible offices totalling 142,610 sq ft NIA plus an on-site café of 1,086 sq ft at the centre of the estate. Low site coverage of 19%. Total rental income of £1,964,863 per annum, reflecting £22.01 per sq ft on the income producing existing leases. WAULT of 2.7 years (no breaks) or 1.8 years. 37% vacancy. Office car parking ratio of 1:233 sq ft. Green ESG initiatives including solar panels on the multi-let buildings.