SLOUGH – Phoenix 1 & 2

This site was developed by Highland Slough Limited and consists of two Grade “A” office buildings, namely Phoenix 1 and Phoenix 2. Phoenix 1 has an area of 45,633 sqft and is let to Arvato, guaranteed by the Bertlesmann Group at a rent of £623,000 per annum. Phoenix 2 has an area of 15,000 sqft and is currently being let to Tyco International Limited. The current rent is £230,000 per annum.

Vendor

Phoenix 1 was Highland Slough Limited and for Phoenix 2 Highland Slough Sites Limited

Development Value

£10 Million (estimate)

Location

The property is situated within 1 mile of junction 6 of the M4 motorway and readily accessible to the station and the amenities in the town centre

Agents

Knight Frank – London Office & Altus Edwin Hill – Heathrow Office

Tenants

Arvato and Tyco International Limited

Opportunities within this development

Premises are fully let

Current Position

Sold to Threadneedle Pensions Limited