Comprises 8 identical terraced units completed in 2007 which have been combined to form a single unit let to the same Tenant on two separate leases. The units have been converted into a state-of-the-art data centre by the Tenant.

Tenancies

Unit       Tenant                           Size sq ft GIA    Expiry             Next review     Rent PA       Rent per sq ft       Notes

A-D          Iomart Group plc      11,736                  Nov 2032        Nov 2017            £123,606     £10.53                       Tenant Break Nov 2027

E-H          Iomart Group plc      11,736                  Nov 2032        Nov 2017            £97,119        £8.28                         Tenant break Nov 2027

Units 12 & 14 comprise 2 semi-detached units constructed in the early 1990s which are let separately.

Units 9-27 comprise 11 interlinked terraced units constructed in the 1920s and let to a single tenant.

Unit           Rent PA       Rent per sq ft      Notes

9-11 &                                                                   Outside the 1954 Act. Tenant break 1/5/18

21-27         £90,000        £2.95                        Landlord breaks 1/5/19 & 1/5/20

12               £47,500        £11.75                      Inside the 1954 Act

14               £31,000        £8.24                        Outside the 1954 Act. Tenant break 30/3/19

Tenant Information

Optex (Europe) Limited – Graydon 3A (excellent) low risk rating

Optex (Europe) Limited activities are listed as ‘The distribution of intelligent sensor equipment’.

Their sales for the year ending 31st December 2015 were £18,750,000 producing a pre-tax profit of £558,000.  Net assets were £4,803,000.

Jaswir Singh Malhi and Inderjit Kaur Malhi trading as Trend Interiors

The tenants use the property for the warehousing and distribution of household furniture.

Brian Prosser trading as Bulldog Display

The tenant uses the property for the construction of exhibition displays.

Comprising 1.10 acre (0.445 ha) site with planning consent for 7 industrial units in 2 terraces with an area of 21,441 sq ft (1,992 sq m) GEA, together with 44 car spaces (Planning Ref 13/02228). Details of the units planned are included below.

Proposed Specification

• The units to be constructed with a braced steel portal frame.
• The roofs to be covered with a British Steel Colourcoat Prisma insulated steel roof panel system with double skin “mansafe“ transparent roof lights (10%).
• Gutters – galvanised steel painted.
• External walls – Steel Colorcoat Prisma insulated cladding with prefinished steel internal liner and Kingspan microrib.
• Windows – Double glazed powder coated aluminium with anti-glare outer leaf.
• Polycarbonate entrance canopy.
• WC – Capped off services for installation at later date to be DDA compliant.
• Kitchenette.
• Loading Doors – Electric 3m wide x 4m high.

Further Information

The following information files are available to download:

Proposal

Offers are invited for the freehold interest of the entire portfolio. Separate offers may be made for the green, red and blue lots. Alternatively, the whole share capital of Maidenhead Industrial Estates Limited would be available for purchase.

Viewings

Strictly by prior appointment through agents:

All information contained in this brochure is indicative only and does not form part of any contract.

Maidenhead is a prosperous commercial centre in the heart of the Thames Valley located approximately 30 miles west of London and 16 miles to the west of Heathrow Airport.

Maidenhead benefits from excellent road connections, with the A308 providing direct access to Junction 8/9 of the M4 approximately 3 miles to the south, subsequently connecting to Junction 15 of the M25 (14 miles) to the east and Heathrow Airport.  Junction 4 of the M40 is accessible 8.9 miles north via the A404. The A4 (Bath Road) passes through Maidenhead linking the town centre to both Slough and Reading.

Maidenhead Railway station provides services to London Paddington with a fastest journey time of 22 minutes. Its connections to Central and East London will be substantially enhanced with the delivery of Crossrail at Maidenhead Station in late 2019 with significant reductions in journey times. Also the proposed Western Rail Approach to Heathrow is planned to follow shortly thereafter.

Clivemont Road is situated on the Cordwallis Industrial Estate approximately half a mile north of Maidenhead town centre. Other adjoining developments are Cordwallis Park, a modern development comprising a number of industrial and 50:50 units and the Marandaz House office building, the SDL headquarters building, Globe House, to the north, and the remainder of the Cordwallis estate on the east side of the road.

Unit      Rent PA       Rent per sq ft       Notes

A-D       £123,606      £10.53                       Tenant Break Nov 2027

E - H     £97,119        £8.28                          Tenant break Nov 2027

Tenant Information

Iomart Group Plc – Graydon 2A (excellent) low risk rating

Iomart Group Plc’s activities are listed as ‘Cloud computing and managed hosting services through a network of owned data centres’.

Their sales for the year ending 31st March 2015 were £65,797,000 producing a pre-tax profit of £10,785,000.  Net assets were £72,697,000.

Unit           Rent PA       Rent              Notes
                                            per sq  ft

9-11 &                                                         Outside the 1954 Act. Tenant break 1/5/18

21-27          £90,000        £2.95             Landlord breaks 1/5/19 & 1/5/20

12                 £47,500       £11.75            Inside the 1954 Act

14                  £31,000       £8.24              Outside the 1954 Act. Tenant break 30/3/19

Optex (Europe) Limited – Graydon 3A (excellent) low risk rating

Optex (Europe) Limited activities are listed as ‘The distribution of intelligent sensor equipment’.

Their sales for the year ending 31st December 2015 were £18,750,000 producing a pre-tax profit of £558,000.  Net assets were £4,803,000.

Jaswir Singh Malhi and Inderjit Kaur Malhi trading as Trend Interiors

The tenants use the property for the warehousing and distribution of household furniture.

Brian Prosser trading as Bulldog Display

The tenant uses the property for the construction of exhibition displays.

• The units to be constructed with a braced steel portal frame.
• The roofs to be covered with a British Steel Colourcoat Prisma insulated steel roof panel system with double skin “mansafe“ transparent roof lights (10%).
• Gutters – galvanised steel painted.
• External walls – Steel Colorcoat Prisma insulated cladding with prefinished steel internal liner and Kingspan microrib.
• Windows – Double glazed powder coated aluminium with anti-glare outer leaf.
• Polycarbonate entrance canopy.
• WC – Capped off services for installation at later date to be DDA compliant.
• Kitchenette.
• Loading Doors – Electric 3m wide x 4m high.

Comprising 1.10 acre (0.445 ha) site with planning consent for 7 industrial units in 2 terraces with an area of 21,441 sq ft (1,992 sq m) GEA, together with 44 car spaces (Planning Ref 13/02228). Details of the units planned are included below.

Accommodation

Proposed Specification

Further Information

The following information files are available to download:

Comprises 8 identical terraced units completed in 2007 which have been combined to form a single unit let to the same Tenant on two separate leases. The units have been converted into a state-of-the-art data centre by the Tenant.

Tenancies

EPC Ratings

Tenant Information

Units 12 & 14 comprise 2 semi-detached units constructed in the early 1990s which are let separately.

Units 9-27 comprise 11 interlinked terraced units constructed in the 1920s and let to a single tenant.

Tenancies

EPC Ratings

Tenant Information

Proposal

Offers are invited for the freehold interest of the entire portfolio. Separate offers may be made for the green, red and blue lots. Alternatively, the whole share capital of Maidenhead Industrial Estates Limited would be available for purchase.

Viewings

Strictly by prior appointment through agents:

All information contained in this brochure is indicative only and does not form part of any contract.