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Delta 200 Delta Office Park 31,144 sq ft 49% Let Office Property Swindon SN5 7XB £1,750,000 (£56.19/sq ft) 8.50% Net Initial Yield
EXECUTIVE SUMMARY
• Situated just 2.3 miles from J16 of the M4 motorway and 2.6 miles from Swindon Town Centre.
• Part let to Renesas Design (UK) Ltd, a 97A rated, ‘very low risk of business failure’ covenant until 2031, subject to a break in December 2028.
• Occupying a highly prominent 2.24 acre site, equating to a very low site coverage of 16%.
• Net income (after ground rent deduction) £157,981 per annum.
• Long Leasehold. 90 years remaining at a ground rent of £50,000 per annum, reviewable 5 yearly to 11% of rack rent (25-year term assumption).
• 16,049 sq ft currently vacant and immediately available to let.
PROPERTY FACTS
AMENITIES
- Raised Floor
- Accent Lighting
- EPC - E
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
-
- Wholesaler
- -
- £14.10
- Dec 2024
Dialog Semiconductor creates energy-efficient, highly integrated, mixed-signal circuits optimised for personal portable, short-range wireless, lighting, display and automotive applications. They are headquartered near Stuttgart with sales, R&D and marketing operations all over the world.
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
|
|
Wholesaler | - | £14.10 | Dec 2024 |
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- CONDITION
- AVAILABLE
The available space comprises the first floor of this detached headquarters office building, which can be split to provide from circa 7,500 ft² (697 m²) up to a whole floor of 15,800 ft² (1,468 m²), The building benefits from a central light well, providing a well-lit working environment, along with an attractive car parkign ratio of 1 space per 245 ft², along with additional on street parking in the immediate vicinity.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 7,500-15,800 sq ft | Office | - | Now |
1st Floor
| Size |
| 7,500-15,800 sq ft |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 7,500-15,800 sq ft |
| Space Use | Office |
| Condition | - |
| Available | Now |
The available space comprises the first floor of this detached headquarters office building, which can be split to provide from circa 7,500 ft² (697 m²) up to a whole floor of 15,800 ft² (1,468 m²), The building benefits from a central light well, providing a well-lit working environment, along with an attractive car parkign ratio of 1 space per 245 ft², along with additional on street parking in the immediate vicinity.
Presented by
Delta 200 | Delta Office Park
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