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A further 54,507 ft² let at Worton Grange, Reading…


Worton Grange

Scottish Widows Investment Partnership (SWIP) has completed a new lease of Unit 5 to Marketlink Marketing Communications Limited t/a Dawson’s Marketing and Unit B5 to Foster Wheeler Energy Limited.

Unit 5 provides a total of 43,910 ft² (GIA), including 2,854 ft² of office accommodation and benefits from 6.62m eaves, excellent loading facilities with 5 full height up and over loading doors and a large secure gated yard.

The property was let for a term of 10 years with a break clause at year 5 and at a rent of £7.00 per ft². The tenant was granted an initial 12 month rent free period with a further 6 months being granted if the break option is not exercised.

Unit B5 totals some 10,597 ft² (GIA) to include 898 ft² of first floor office accommodation and benefits from 6.60m eaves, single full height loading door and forecourt parking.

The property was let for a term of 10 years with a break clause at year 5 and at a headline rent of £7.95 per ft².

Last year SWIP completed the letting of Units 3 and 4, totalling 71,300 ft², to DHL which were let at a rent of £7.00 per ft².

Strong interest has been expressed in all of the remaining units which are to be offered in a refurbished condition and comprise as follows:

Unit B4 – 11,021 ft²
Unit B6 – 10,990 ft²
Unit B7 – 11,056 ft²

For further information please contact the landlords letting agents:

Shaun Rogerson – King Sturge – 020 7087 5307
Alec White – Sharps Commercial – 0118 939 1600
Peter Freeman – Vail Williams – 0118 909 7400