Savills | Markham House And 1&2 Markham Mews, Markham House, 20 Broad Street, RG40 1AH | Properties for sale
7,943 sq ft(737.93 sq m)
Excess of £1,430,000

Markham House And 1&2 Markham Mews, Markham House20 Broad Street, RG40 1AH

  • Freehold

Key features

  • Opportunity to acquire a Grade II listed building with two mews buildings at the rear
  • Approximately 8,000 sq ft offices in total
  • Principle tenant, The Workstation, operates 10 business centres in the South East
  • Residential opportunity subject to planning

Markham House and 1&2 Markham Mews comprise a fully let office investment opportunity in Wokingham.

About this property

  • Description

    Markham House is arranged overfour floors being, Lower Ground, Ground, 1st and 2nd Floors split into 16 separate rooms. There is central heating, CAT II lighting and raised floors in part. Parts of The Mews benefit from air conditioning.
    1 & 2 Markham Mews provides good quality office accommodation on two floors. 1 & 2 Markham Mews lie at the rear of the site separated by a courtyard used for parking, the overall site area is approximately 0.32 acres (0.13 ha)

    Specifications

    There is central heating, CAT II lighting and raised floors in part. Parts of The Mews benefit from air conditioning.

    Viewings

    To be arranged directly with the sole agents.

    Terms

    We are instructed to seek offers in excess of £1.43 million showing a net initial yield of 7.38% after deducting
    purchasers costs of 6.07%.

Local information

  • Wokingham is a historic market town approximately 39 miles west of London, 7 miles south east of Reading and 5 miles west of Bracknell. Wokingham lies within the M4 corridor and there is direct access to the M4 via the A329 (M) at junction 10.
  • Broad Street is situated in Wokingham Town Centre conservation area, in the heart of Wokingham which is undergoing a £117m retail and leisure regeneration project by the Council. Markham House is situated on the South side of Broad Street and comprises a Grade II listed building, originally built as a house. The building
  • now comprises a serviced office facility and is situated near to occupiers such as Clifton Ingram, Herrington Carmichaels and Cote Brasserie which is next door.
  • Trains from Wokingham to London Waterloo take approximately 47 minutes at peak times.

Energy performance

C-D