Potential Development Site (STPP)
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Potential Development Site (STPP)
2 Properties Offered at £5,000,000 in Multiple Locations
Investment Highlights
- Existing income with scope to increase with asset management
- Site with development potential (subject to planning)
- Close to Heathrow Airport and motorway network
Executive Summary
The site extends to approximately 1.5 acres and benefits from access from the Bath Road, Longford Village, or A4 Colnbrook Bypass. It accommodates a light industrial building with offices, currently occupied by the owner, 2 disused retail buildings. a disused aquarium, a 3 bedroom detached house and a car parking area for approximately 68 cars. Part of the site is currently designated as Green Belt land.
The industrial building and house are currently occupied by the site owner. The retail and aquarium buildings are currently not in use. Part of the site is occupied by a car wash operator on a licence agreement and 44 car parking spaces are let to Mitie Ltd on a lease expiring in May 2023.
We are instructed to seek offers in excess of £5,000,000 subject to contract and exclusive of VAT for our client’s freehold interest. The current owner will require a delayed completion or agreement to remain in occupation of the industrial building to relocate their business.
The industrial building and house are currently occupied by the site owner. The retail and aquarium buildings are currently not in use. Part of the site is occupied by a car wash operator on a licence agreement and 44 car parking spaces are let to Mitie Ltd on a lease expiring in May 2023.
We are instructed to seek offers in excess of £5,000,000 subject to contract and exclusive of VAT for our client’s freehold interest. The current owner will require a delayed completion or agreement to remain in occupation of the industrial building to relocate their business.
Property Facts
| Price | £5,000,000 | Number of Properties | 2 |
| Price / SF | £149.80 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 33,377 SF |
| Status | Active | Total Land Area | 1.56 AC |
| Price | £5,000,000 |
| Price / SF | £149.80 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 33,377 SF |
| Total Land Area | 1.56 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 476 Bath Rd, West Drayton UB7 0ED | Light Industrial | 21,032 SF | 1982 | - |
| 476 Bath Rd, Slough UB7 0ED | Industrial | 12,345 SF | - | - |
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Paul Flannery -
De Souza & Co
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Potential Development Site (STPP)
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