Office Investments for Sale

Knaves Beech Business Centre, Davies Way, Loudwater, High Wycombe, HP10

£7,000,000.00 £142 /sf

1.46 acres

49,125 sf

Office Investments for Sale

Knaves Beech Business Centre, Davies Way, Loudwater, High Wycombe, HP10

£7,000,000.00 £142 /sf

1.46 acres

49,125 sf

SINGLE LET HEADQUARTERS OFFICE BUILDING - INVESTMENT FOR SALE
Dreams HQ is a 1990s built office headquarters occupying the most prominent position on Knaves Beech Industrial Estate, adjacent to the park's entrance, and elevated compared to the other adjacent buildings, providing prominence and visibility from the M40 Motorway. The building is of steel frame construction with a pitched roof arranged over Ground, First and Second floors. The property benefits from an excellent parking provision of 183 secure spaces at 1:265 sq ft and a large site area of 1.46 acres with the building footprint occupying a small proportion of the site area. The property has a podium level parking terrace, leading into the buildings reception. All floors have high levels of natural light, on all sides. Ground floor is predominantly used as mock-showroom space, storage, building break out amenity space and the gym. The First and Second floor follow a consistent layout, wrapped around a central atrium. The atrium ensures the floor plates are light and airy. The property has two lifts, one a 21 person passenger lift, and the other a 13 person lift. 3
The site is held as a virtual freehold on a 999 year lease from 13th October 2003 at a rent of £10 per annum, under the title number BM293800. The site area is approximately 1.46 Acres.
Money Laundering Regulations require CG to conduct checks on all purchasers.
Prospective purchasers will need to provide proof of identity and residence.
Dreams have been in occupation at the site for approximately 20 years, and signed a new 20 year lease from 1st June 2010 until the 31st May 2030. Please see salient details of the lease outlined below: 20 year term from 1st June 2010 until 31st May 2030. Passing rent of £699,000 per annum equating to £14.22psf. 5 years unexpired term. No actionable break options. Open market rent review on 16th August 2027.

Location

Dreams HQ is located in the area of Loudwater. The property benefits from superb road links being situated adjacent to Knaves Beech Roundabout, providing access to both directions of the M40 within a 1 minute drive as well as the A40, which connects east to Beaconsfield and west to the centre of High Wycombe.
The property is approximately a 2 minute walk from a Tesco superstore, and other nearby amenities include a Premier Inn, Papermill Brewers Fayre pub/restaurant, Pausa Café and The King George V and General Havelock Pubs. High Wycombe train station is accessible via a 10 minute drive or 20 minute cycle with the many attractions of the town centre located just beyond, including the 850,000sq ft Eden Shopping Centre and historic High Street.

Amenities

Self contained office building arranged on the lower ground and two upper floors
Single let to Dreams Limited
Prominent position at entry to Knaves Beech Industrial & Office Estate
Site area of approx 1.46 acres with excellent parking provision

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Knaves Beech Business Centre, Davies Way, Loudwater, High Wycombe, HP10

Knaves Beech Business Centre, Davies Way, Loudwater, High Wycombe, HP10

Location

Amenities

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