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Forum 1 Station Rd

40,620 SF Vacant Office Building Reading RG7 4RA £4,500,000 (£111/SF)

Investment Highlights

  • 40,620 sq ft freehold office building
  • 154 car parking spaces
  • Site area of 1.895 acres
  • Located at junction 12 of the M4

Executive Summary

Located on Junction 12 of the M4, in the heart of the Thames Valley, providing direct access for routes to London and Heathrow Airport to the east, and Bristol to the west.
Forum 1 is a modern two storey building constructed in 1987 to provide 40,620 sq ft arranged on Ground and First floors. The building is arranged as two wings either side of a full height reception area. The building is offered with full vacant possession for completion for office occupation but also lends itself to redevelopment or change of use to warehousing, trade counters, retail, healthcare, hotel, leisure or residential (STPP).

Attachments

Forum 1

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Building Size
40,620 SF
Building Class
B
Year Built
1987
Price
£4,500,000
Price Per SF
£111
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
20,310 SF
Slab to Slab
10 ft
Building FAR
0.99
Land Acres
0.94 AC
Parking
154 Spaces (1.36 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Raised Floor
  • Security System
  • Accent Lighting
  • Air Conditioning
  • Listing ID: 29702608

  • Date on Market: 04/10/2023

  • Last Updated:

  • Address: Station Rd, Reading RG7 4RA

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