Multi let office situated in Maidenhead town centre

The property is a modern, Grade-A multi-let office of 25,641 sq t which has recently undergone refurbishment and now runs on all electric plant. The o!ce floors can be flexibly divided to offer a range of suite sizes and are o#ered in either CAT A or CAT A+ (fitted) condition. The recent refurbishment works have resulted in an EPC rating of B (48). There are 57 car parking spaces at surface and basement level, providing an impressive in-town car parking ratio of 1:450 sq ft. Multi-let to 3 tenants with a WAULT of 5.2 years to expiries and 2.7 years to breaks. Current passing rent of £781,318 pa. with an average overall passing rent of £30.98 per sq ft. Highly reversionary compared to the latest lettings at £37.36 per sq t and Maidenhead’s prime rents of £42.00 per sq t – a premium of 21% and 36% respectively. Not encumbered by an Article 4 restriction.