Capita Symonds Real Estate - Charter Court, Slough
 
 

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Charter Court, Slough

Charter Court, 50 Windsor Road, Slough

Multi-let Office Investment

Investment Summary

  • High quality office building situated in a prominent town centre location.
  • Excellent accessibility to shopping facilities and public transport amenities.
  • Major town centre re-generation and transport  improvements ongoing.
  • Comprises approximately 45,507 sq ft over five floors
  • 168 secure car parking spaces giving an excellent town centre parking ratio of 1:271 sq ft.
  • Air conditioning replaced in 2008.
  • Fully let to two occupiers with strong covenants.
  • Weighted average unexpired lease term of 5.5years.
  • Current income of £914,604 per annum, which equates to an average rent of £20.10 per sq ft.
  • Seeking offers in excess of £9,350,000
  • A purchase at this level reflects a net initial yield of 9.25%
    assuming usual purchasers costs of 5.8%.
  • Low capital value of £203 per sq ft.

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