Auction
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Units 27 & 28, Wexham Business Village, Wexham Road, Slough, SL2 5HF

  • Auction
  • Lot 1
  • United Kingdom
  • Industrial
  • Commercial

Sold for £562,000

Property Summary

  • Offered on the instructions of Slough Borough Council
  • Two freehold industrial/office units
  • Adjacent to the Pannatoni industrial development
  • Alternative use potential (subject to consents)
  • 6 week completion available
  • Approximately 540.71 sq m (5,819 sq ft)
  • Unit 27 is vacant
  • Unit 28 is occupied on a Tenancy at Will at £14,400 per annum (1)
  • BLOCK VIEWING ON THURSDAY 12TH OCTOBER BETWEEN 12:00PM - 1:00PM

Contact Us

Simon Bailey
Simon Bailey
Property Agent, here to help.
Conveyancing Department
Vendor's Solicitor

Contact Us

Simon Bailey
Simon Bailey
Property Agent, here to help.
Conveyancing Department
Vendor's Solicitor

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Property description

Unit 27 comprises an end of terrace industria/office building of traditional construction beneath a part pitched and part flat roof totalling approximately 428.86 sq m (4,615 sq ft). The building is arranged as a ground floor workshop/industrial unit with kitchen and WCs as well as a manually operated metal loading door. The first and second floors are arranged as offices, with the first floor extending over Unit 28. Externally there is parking for about 5 cars.

Unit 28 comprises the ground floor only of a mid terraced building of traditional construction beneath a pitched roof. The unit is arranged as a workshop with ancillary accommodation totalling approximately 111.85 sq m (1,204 sq ft).

Location

Slough is one of the principal towns in the Thames Valley lying on the M4 Corridor approximately 20 miles west of Central London and 19 miles north east of Reading. It lies immediately to the north of the M4 motorway, from which it can be accessed via junctions 5, 6 and 7. The M25 intersection (junction 15) lies approximately 4 miles to the east and the M40 motorway lies about 8 miles to the north accessible at junction 2. The A4 (Bath Road) is one of the main commercial locations in the Thames Valley with occupiers including O2, McAfee and Nintendo.

Slough railway station provides regional and national rail services including regular services to London Paddington with a journey time of 15 minutes aswell as links to other central London destinations via the Elizabeth Line. London Heathrow Airport lies approximately 5 miles to the south west.

Wexham Road runs north from Wellington Street (A4) less than a mile north of the town centre. The estate lies on its east side opposite its juncton with St Paul's Avenue in a mixed commercial and residential area and is adjacent to the new Pannatoni industrial development. The units lie at the eastern end of the estate with notable nearby occupiers including Kia and Space Station Storage.

Planning

Slough Borough Council (01753 475111) - www.slough.gov.uk

Tenure

Freehold

Additional Details

Unit

Accommodation

Size

Tenancy

Rent (£pa)

27

Ground floor workshop

Ground floor kitchen

First floor offices

Second floor offices

TOTAL

104.10 sq m (1,120 sq ft)

17.95 sq m (193 sq ft)

218.46 sq m (2,351 sq ft)

88.35 sq m (951 sq ft)

428.86 sq m (4,615 sq ft)

Vacant

 

28

Ground floor workshop

111.85 sq m (1,204 sq ft)

Tenancy at will (1)

£14,400

TOTAL

 

540.71 sq m (5,819 sq ft)

 

£14,400

(1) Unit 28 is occupied on the basis of a Tenancy at Will that is undated. Negotiations have been ongoing with the current occupier with regards to signing a new Tenancy at Will on the same terms.

(2) The auctioneers have not measured the property. All areas have been obtained from the VOA.

VAT

Please refer to Legal Documents

Energy Performance Indicator

Rating 77 Band D

Helpful links

*Terms & Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,295 (inclusive of VAT) for all properties up to £49,999, and £2,400 (inclusive of VAT) for all properties £50,000 and above charged by BidX1. In the case of a joint agent this administration fee will be £2,400 (inclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,795 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. All Lots sold “Subject to Vendor Confirmation” will be subject to acceptance and confirmation by the Vendor. The highest bid will be presented to the Vendor, the Vendor will have to either accept, decline or make a counteroffer, within the confirmation period. Should the Vendor decide to make a counteroffer, then a private link will be sent to the Highest Bidder advising of the offer the Vendor is willing to accept. The Highest Bidder will be obliged to accept or reject the Vendor's counteroffer. The Vendor reserves the ultimate right, apart from the auctioneer, to accept and to decline to sell to the highest or any bidder, without giving any reasons.
  8. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.
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