MAIDENHEAD TOWN CENTRE OFFICES TO LET WITH ON-SITE PARKING

Nicholsons House is located above Nicholsons Shopping Centre in the heart of Maidenhead town centre, which offers banking, retail and leisure facilities. Maidenhead rail station is a five minute walk away and the M4 and M40 are a short drive, providing access to the national motorway network and Heathrow airport. Nicholsons House comprises six floors of office space in total, accessed via a reception area with security and 2 passenger lifts. The space benefits from comfort cooling, kitchen facilities, male, female and disabled WC’s and on-site car parking.

There are currently suites available on the 6th floor (2,045 ft2) at an asking rent of £49,500 per annum exclusive and on the 3rd floor (872 ft2) at an asking rent of £21,250 per annum exclusive. For further details, please call Nick Ball on 01494 683644 or e-mail nick@pmcd.co.uk

GERRARDS CROSS INDUSTRIAL SPACE TO LET

The Anamax Estate fronts the A40 Oxford Road and allows easy access to the motorway network being less than 2 miles from Junction 1 of the M40, providing a link to Central London and the M25. Gerrards Cross and Denham are both less than 2 miles away and have mainline railway stations serving the Chiltern Line between London Marylebone and Birmingham. The London underground is available in Uxbridge less than 3 miles away.

There are two units are available in parts or as a whole on terms to be agreed. Unit 8 (4,136 ft2),  provides a single storey, lock up industrial/warehouse unit and benefits from 12’ eaves height rising to 14/6, 2 Roller shutter loading doors, partitioned office and workshop, warm air heating, secure gated site with CCTV and private private parking at an asking rent of £32,500pax.

Unit 9 (2,920 ft2) provides a single storey, lock up industrial/warehouse unit and benefits from 12’ eaves height, roller shutter loading door(11/-x11/-), warm air heating, loading canopy, secure gated site with CCTV and private parking at an asking rent of £25,000pax. For both units there there is a service charge of approx. £1psf pa, a further £2.50psf pa for electricity, gas etc and a Business Rates contribution of approx. £2.50psf pa. For further detials, please call Nick Ball on 01494 683644 or e-mail nick@pmcd.co.uk

PMCD RECOGNISED AS AN EG PIONEER OF CHANGE

PMCD and PMCD Retail are delighted to have been recognised as an EG Star Contributor to the EG contributory databse, Radius Data Exchange. The aim of Radius Data Exchange is to work in partnership with their clients to deliver the most accurate, timely and comprehensive data, redefining the way the industry contributes, interacts and gains insight into the UK property market. The EG Star Contributors initiative rewards companies, who through their data contribution to Radius Data Exchange, are leading the way in digital transformation. Identified as a driver of innovation, Philip Marsh Collins Deung have been awarded EG Star Contributor.

PMCD provides a full spectrum commercial property service, from agency to valuation, specialising in Thames Valley offices, shops and industrial property. Well established and highly regarded by our clients, PMCD can offer you a high level of professional service in all sectors of the field. We are the only commercial property consultants in the area with a dedicated specialist retail division, PMCD Retail.

We act as commercial agents; letting, selling and acquiring shops, offices and industrial property and investments, as well as professional advisors in Landlord & Tenant matters, valuations, property consultancy and property management. The firm has evolved over the years but we have never lost sight of our founding ideals of integrity, honesty and fairness coupled with a shrewd eye for a deal and intimate market knowledge. Instruct us and your matter will be dealt with at director level by a highly experienced individual.

Please call us on 01494 680000 and let us know how we can assist you in all commercial property matters.

 

BUDGET NEWS – ZERO BUSINESS RATES AVAILABLE

One of this weeks exciting budget announcements by Chancellor Rishi Sunak is that shops and various leisure properties with rateable values of less than £51,000 will benefit from zero business rates for the 2020/2021 tax year.

The BBC reports “Tens of thousands of England’s retail, leisure and hospitality firms will not pay any business rates in the coming year, the chancellor has announced. Companies with a rateable value of less than £51,000 will be eligible for the tax holiday, Rishi Sunak said. The measure applies to firms including shops, cinemas, restaurants and hotels. It is part of a package of “extraordinary” measures to support the UK economy in the face of disruption from the coronavirus outbreak. That is a tax cut worth over £1bn, saving each business up to £25,000, Mr Sunak said.

Mr Sunak described the business rates holiday as an “exceptional step” that would benefit museums, art galleries, theatres, caravan parks, gyms, small hotels, sports clubs and night clubs, all of whom will be hard hit if customers stay away to slow the spread of coronavirus.”

For more information on how you and your business can benefit, please call Dan Collins on 01494 683643 or e-mail dan@pmcd.co.uk

 

 

FREEHOLD OFFICE INVESTMENT WITH POTENTIAL FOR SALE

The premises are located in the centre of Old Beaconsfield close to the junction of the A40 London End with the B474 Aylesbury End. The M40 Junction 2 is within ½ mile and the mainline station is 1 mile distant in the New Town. The Old Town is a specialist retail location, attracting well known restaurant and retail brands, is considered to be a highly desirable office location, and an attractive place to live. The property comprises a very attractive two storey Grade II Listed office building, traditionally constructed of masonry beneath pitched tile roofs, with a section of flat roof over a more modern extension to the rear. With a largely cellular current layout, this allows letting room by room. Heating is by individually controlled electric heaters, access is by entryphone.

All of the offices are let. The meeting room is a shared facility for which no rent is paid. There are currently 6 tenants paying a combined gross rent of £50,549 p.a. which is inclusive of heating, electricity, water, building insurance, common parts and external maintenance, refuse collection, cleaning of common areas. Costs vary annually but we estimate general costs for the current calendar year will amount to £15-16,000. Details of last year’s figures are available on request. With passing rents netting back to approximately £25 psf there is the prospect of rental growth, either simply through market movement or from re-positioning the business centre as a higher quality product. Alternatively, the property may be capable of a change of planning use to medical or residential, subject to consent, or perhaps a mixture of such uses. We are seeking offers in excess of £750,000 for the freehold interest in the building. For further details, or to arrange a viewing, please call Philip Marsh on 01494 683642 or e-mail philip@pmcd.co.uk