The Place, Maidenhead
Bray Fox Smith are delighted to launch the sale of The Place in Maidenhead on behalf of Oval Real Estate and Blackrock.
This is a rare opportunity to acquire a prime Grade A multi let office in the heart of Maidenhead measuring 26,964 sqft (2,505 sq m) close to the town centre location, a short walk from Maidenhead Station (Crossrail)
It is multi let to 3 tenants with a WALT of 8.33 years to expiry, 3.33 years to break, recently refurbished reception and common areas.
We are seeking offers in excess of £9,250,000, subject to contract and exclusive of VAT. This represents an attractive net initial yield of 7.63% after costs and allow capital value of £343 psf.
For further information and a copy of our sales brochure, please contact Rob Cregeen – robcregeen@brayfoxsmith.com