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- LoopNet Team
121 Kings Rd
Reading RG1 3ES
Kennet Place · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Excellent town centre car parking ratio of 1:606 sq ft
- South East headquarter office investment opportunity in one of the strongest office centres outside of London
- Unexpired term of 4.80 years to break and 8.80 years to expiry
EXECUTIVE SUMMARY
The Delta Building is a headquarters office building forming part of Prudential’s landmark office campus with 121 King’s Road. The property is one of Prudential’s key sites for The Prudential UK operation who have been in occupation since it was built. The property was constructed in 1993 and comprises 54,988 sq ft of open plan and flexible Grade A floor plates arranged over basement, ground and four upper floors. It was comprehensively refurbished to a high specification in 2014 to provide high quality modern offices suitable for single or multi-occupation.
PROPERTY FACTS
| Property Type | Office | No. Floors | 5 |
| Costar Property Class | B | Year Built/Renovated | 1992/2017 |
| Total Plot Size | 2.65 ac | Parking Allocation | 1.06/1,000 sq ft |
| Net Internal Area (NIA) | 82,150 sq ft | APN / Parcel ID | BK290115 |
| Property Type | Office |
| Costar Property Class | B |
| Total Plot Size | 2.65 ac |
| Net Internal Area (NIA) | 82,150 sq ft |
| No. Floors | 5 |
| Year Built/Renovated | 1992/2017 |
| Parking Allocation | 1.06/1,000 sq ft |
| APN / Parcel ID | BK290115 |
AMENITIES
- 24 Hour Access
- Restaurant
- Storage Space
- Air Conditioning
