Industrial for sale in The Boulevard, Cain Road, Bracknell, Berkshire RG12

Property Description

Prime 8.10 acre site with re-development potential (STP). Existing building compises a 4 storey office building of approximately 86,398 sq ft.

Low site cover of approximately 5.6%.

The opportunity consists of (i) ownership interest in the owner entity of one parcel of real property, and (ii) fee simple ownership in two separate parcels of real property.

Title numbers BK357418 (approx. 3.25 acres) & BK357419 (approx. 3.30 acres) are held Freehold by the Vendor and will be transferred to the Purchaser in their entirety upon the closing of the sale of such parcels.

Title number bk 357421 (approx. 1.55 acres) is also Freehold and is in the ownership of Bracknell Boulevard Management Company Limited (bbmcl), with company number 3715044.

The Vendor holds approximately 70% of the shares in bbmcl, with such shares to be transferred to the Purchaser upon the closing of the sale.

Location

Bracknell is a popular commuter town, due to its excellent connectivity to London and Reading. Recent strategic planning policy for the area has encouraged significant growth within the town. As a result of its accessibility to both the M4 & M3 motorways, Bracknell has become a major trading centre and is home to a concentration of large companies including nearby industrial occupiers Waitrose, Vodafone, Amazon and nep Visions. It is also home to a number of global corporate headquarters, particularly in the tech and it industries.

The subject site is situated within the Amen Corner Business Park area, adjacent to the established Western Industrial area of Bracknell one of the premier industrial locations in the area.

The site is approximately 1 mile to the West of Bracknell town centre with Reading 7 miles to the North-West. It lies within a mile of the A329 (M) which gives access to J10 / M4 approximately 4 miles to the North and the M3 (via the A322 or A329) circa 7 miles to