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Reform Rd 28,550 sq ft Industrial Property Maidenhead SL6 8BY £5,600,000 (£196.15/sq ft) 5.60% Net Initial Yield



Investment Highlights
- The lease provides approximately five years of unexpired term to February 2031.
- The property benefits from proximity to the M4 motorway and Maidenhead railway station on the Elizabeth Line.
- The site extends to approximately 1.6 acres and includes yard and parking provision.
Executive Summary
The property comprises a self-contained trade counter industrial warehouse located on Reform Road Industrial Estate, an established industrial and trade counter location within Maidenhead. The estate accommodates a range of trade counter and industrial occupiers and lies approximately 1.5 miles from Junction 8/9 of the M4, with Maidenhead town centre and the Elizabeth Line railway station approximately 0.4 miles to the west.
The property is held long leasehold for a term of 125 years from September 1998, with approximately 97 years unexpired, at a peppercorn ground rent. The site extends to approximately 1.6 acres, providing a site coverage of around 39 percent, and includes a large yard, car parking, and dedicated loading areas.
The accommodation totals 28,515 sq ft GIA and comprises a steel portal frame warehouse with ancillary offices and mezzanine accommodation. The building benefits from level access loading doors and an approximate minimum eaves height of 6 metres.
The property is let in its entirety to Jewson Ltd on a full repairing and insuring lease that commenced in February 2006 for a term of 25 years and expires in February 2031. The current passing rent is £333,300 per annum exclusive, equating to £11.68 per sq ft overall. The lease is inside the Landlord and Tenant Act 1954.
An outstanding rent review dated February 2026 provides near-term income reversion. The tenant, Jewson Ltd, operates as part of the Saint-Gobain group, which has an established presence across the UK construction and building materials sector.
Offers are invited in excess of £5,600,000, subject to contract and exclusive of VAT.
The property is held long leasehold for a term of 125 years from September 1998, with approximately 97 years unexpired, at a peppercorn ground rent. The site extends to approximately 1.6 acres, providing a site coverage of around 39 percent, and includes a large yard, car parking, and dedicated loading areas.
The accommodation totals 28,515 sq ft GIA and comprises a steel portal frame warehouse with ancillary offices and mezzanine accommodation. The building benefits from level access loading doors and an approximate minimum eaves height of 6 metres.
The property is let in its entirety to Jewson Ltd on a full repairing and insuring lease that commenced in February 2006 for a term of 25 years and expires in February 2031. The current passing rent is £333,300 per annum exclusive, equating to £11.68 per sq ft overall. The lease is inside the Landlord and Tenant Act 1954.
An outstanding rent review dated February 2026 provides near-term income reversion. The tenant, Jewson Ltd, operates as part of the Saint-Gobain group, which has an established presence across the UK construction and building materials sector.
Offers are invited in excess of £5,600,000, subject to contract and exclusive of VAT.
Property Facts
| Price | £5,600,000 | Costar Property Class | C |
| Price per sq ft | £196.15 | Total Plot Size | 1.46 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 28,550 sq ft |
| Yield | 5.60% | No. Floors | 2 |
| Tenure | Long Leasehold | Year Built | 1978 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Allocation | 0.7/1,000 sq ft |
| Price | £5,600,000 |
| Price per sq ft | £196.15 |
| Sale Type | Investment |
| Yield | 5.60% |
| Tenure | Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 1.46 ac |
| Net Internal Area (NIA) | 28,550 sq ft |
| No. Floors | 2 |
| Year Built | 1978 |
| Tenancy | Single |
| Parking Allocation | 0.7/1,000 sq ft |
Amenities
- 24 Hour Access
- Security System
- Yard
- EPC - D
- Storage Space
- Recessed Lighting
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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