Office for sale in Friendship House, Gresham Road, Staines-Upon-Thames TW18

Key Points

Description

Friendship House is a popular welcoming office with a ground floor reception with lift access and generous staircase / landings to the upper floors. The offices are well specified and already have kitchen / break out facilities on the various floors and excellent natural light. Excellent on site parking is provided. The parking is allocated at an overall ratio of approximately 1 space to every 223 sq.ft. Based on the approximate Net Internal Area. A generous paved parking area is provided to the front together with a controlled parking barrier, with additional access and another security barrier to a large car park to the rear.

Location

Conveniently situated directly opposite Staines Station (Waterloo, 35 minutes) with good on site parking, within walking distance of the High Street The Elmsleigh Centre / Two Rivers Retail Park. With ready access to the M25, M4 and M3 smart motorways, Heathrow and London – Staines is considered one of the Thames Valley’s regional prime office locations, within the most productive economic area in the UK.

Viewings

For further information and appointments to view interested parties are asked to contact the sole selling agents Chris Thomas on or email

Business Rates

Rates Payable approx £8.77 per sq.ft.
Interested parties must verify the Rates Payable directly with Spelthorne Council. All figures are for guidance only.

Current Outline Lease Terms

Ground Floor 1,980 sq.ft. Vacant Estimated Rental value circa £40,000 p.a.x.

First Floor 1,890 sq.ft. £25.40 p.s.f. Let to Atrium Consulting Ltd. Lease commencing 25th December 2022 at £48,000 p.a.x. Lease break 25th December 2025. 3 months rent free if not broken. Full term 5 years to 24th December 2027. Schedule of condition showing in good repair. The break option is mutual subject to 6 months’ notice. Outside L&T Act’54.

Second Floor 1,890 sq.ft. £23.80 p.s.f. Approx let to All About Bants Ltd from 16th January 2024 (the total rent is £60,000 p.a.x. Inclusive of service charge). The floor is fully fitted to include furniture and is subject to a schedule of condition. The landlord holds a £15,000 rent deposit.

Third Floor 940 sq.ft £22.66 p.s.f. Let to Reed Specialist Recruitment Ltd Lease commenced December 2021. Rent December 2022 to
2023 £21,300 p.a.x. December 2023 onwards £24,000 p.a.x. Full term 5 years ending December 2026. Break clause tenant only December
2024 and December 2025. Tenant full repairing liability. Service charge cap at £8 per sq.ft plus rpi from December 2021.

All floor areas are approximate and the lease descriptions are for guidance only.