Office

200 Brook Drive, Green Park, Reading

200 Brook Drive Green Park Reading, United Kingdom RG2 6UB
Asking Price
Area Size
NOI Net Operating Income
NIY

Attributes

Year Built 1999
Building Area Net
Occupancy 100.0 %

Asset Description

200 Brook Drive is situated on Green Park, Reading’s premier business park, located 2.5 miles from Reading town centre.

• 200 Brook Drive comprises a 54,585 sq ft (NIA) Grade A office building, benefiting from 232 car parking spaces, equating to a ratio of 1:235 sq ft.

• The property is let in its entirety to Reading Green Park Centre Limited (Regus), who have been in occupation since 1999.

Investment Highlights

• Represents a high yielding single-let investment opportunity on a prime south east business park.

Regus have recently recommitted to the building by taking a 5 year reversionary lease, creating a current unexpired term of 9.4 years.

• 200 Brook Drive produces a headline rent of £1,471,224 per annum. This equates to a low headline rent of £27.71 per sq ft with half rent on the reception area.

Last Updated Date: 17 Nov 2022

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Last Updated Date: 17 Nov 2022

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