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1&3 Wellington Street 2 Office Properties Offered at $6,650,440 in Slough
Investment Highlights
- Located along the M4 Thames Valley corridor
- Served by excellent road, rail, bus and airport services
- In the western part of Slough town centre
Executive Summary
No.1 & No. 3 Wellington Street offers an exciting opportunity to acquire two significant development sites in the heart of Slough.
The combined sites extend to approximately 0.4 ha (1 acre) and includes two separate parcels comprising No.1 & No. 3 Wellington Street, being approximately 0.23 ha (0.57 acres) and 0.18 ha (0.43 acres), respectively. The existing parcels are roughly square in shape and fairly level in nature. No.1 is being used for surface level parking under a temporary planning permission. The current lease has an appropriate break clause and will not fetter development. Lease information can be found in the data room. No.3 is laid as a green space which currently allows pedestrian access towards Stoke Road and Slough railway station.
In 2022, planning permission (ref P/02272/030) was granted for the construction of two office buildings.
The combined sites extend to approximately 0.4 ha (1 acre) and includes two separate parcels comprising No.1 & No. 3 Wellington Street, being approximately 0.23 ha (0.57 acres) and 0.18 ha (0.43 acres), respectively. The existing parcels are roughly square in shape and fairly level in nature. No.1 is being used for surface level parking under a temporary planning permission. The current lease has an appropriate break clause and will not fetter development. Lease information can be found in the data room. No.3 is laid as a green space which currently allows pedestrian access towards Stoke Road and Slough railway station.
In 2022, planning permission (ref P/02272/030) was granted for the construction of two office buildings.
Property Facts
| Price | $6,650,440 | Number of Properties | 2 |
| Price / SF | $23.75 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 280,074 SF |
| Status | Active | Total Land Area | 1.11 AC |
| Price | $6,650,440 |
| Price / SF | $23.75 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 280,074 SF |
| Total Land Area | 1.11 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
The Future Works Building 1
1 Brunel Way, Slough SL1 1FQ |
Office | 160,911 SF | 2030 | - |
|
The Future Works Building 3
Wellington St, Slough SL1 1RP |
Office | 119,163 SF | 2030 | - |
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1&3 Wellington Street
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