MIE PortfolioCordwallis Industrial Estate

Clivemont Road, Maidenhead

Berkshire SL6 7DE

Freehold industrial

investment and development

opportunity.

www.mie-portfolio.co.uk

CLIVEMONT ROAD

MIE Portfolio

Cordwallis Industrial Estate, Clivemont Road

Maidenhead, Berkshire SL6 7DE

Location

Maidenhead is a prosperous commercial centre in the heart of the Thames Valley

located approximately 30 miles west of London and 16 miles to the west of

Heathrow Airport.

Maidenhead benefits from excellent road connections, with the A308 providing

direct access to Junction 8/9 of the M4 approximately 3 miles to the south,

subsequently connecting to Junction 15 of the M25 (14 miles) to the east and

Heathrow Airport. Junction 4 of the M40 is accessible 8.9 miles north via the A404.

The A4 (Bath Road) passes through Maidenhead linking the town centre to both

Slough and Reading.

Maidenhead Railway station provides services to London Paddington with a fastest

journey time of 22 minutes. Its connections to Central and East London will be

substantially enhanced with the delivery of Crossrail at Maidenhead Station in late

2019 with significant reductions in journey times. Also the proposed Western Rail

Approach to Heathrow is planned to follow shortly thereafter.

Clivemont Road is situated on the Cordwallis Industrial Estate approximately half a

mile north of Maidenhead town centre. Other adjoining developments are

Cordwallis Park, a modern development comprising a number of industrial and

50:50 units and the Marandaz House office building, the SDL headquarters building,

Globe House, to the north, and the remainder of the Cordwallis estate on the east

side of the road.

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CORDWALLISINDUSTRIALESTATE

Maidenhead Town Centre 1.2 miles

A404(M) Junction 9A 3.0 miles

M4 Junction 8/9 3.0 miles

M40 Junction 4 8.9 miles

Heathrow Airport 16.2 miles

Reading 16.8 miles

M25 Junction 15 13.8 miles

Central London 31.0 miles

Maidenhead Railway Station to London Paddington Station 22 MinutesFreehold industrial investment and

development summary

• First time available on the market.

• Well-located multi-let industrial estate in central Maidenhead including vacant development site.

• 4 industrial units with a total area of 61,748 sq ft (5,736.53 sq m) with future development potential (STP) fully let to 4 tenants producing a rental income of £389,225 per annum.

• Cleared site with planning consent for 7 industrial/warehouse/trade counter units totalling 21,441 sq ft (1,992 sq m) GEA.

• Crossrail is anticipated to have a positive economic impact on the area.

From 2019 Crossrail is set to provide a rapid link from Maidenhead to Heathrow Airport, the West End, the City of London

and Canary Wharf. Crossrail will also provide easy access to Eurostar, Docklands Light Railway (via Stratford), Luton &

Gatwick Airports (via Farringdon), Stansted Airport (via Liverpool Street) and London City Airport (via Custom House).

MaidenheadReading

Stratfo

rd

Ilford

Goodmayes

Harold

WoodRomford

ShenfieldForest

Gate

Manor Park

Seven Kings

Chadwell Heath

Gidea Park

Brentwood

Maryland

Canary

WharfCusto

m

HouseAbby W

ood

Woolwich

West Ealing

Bond Street

Farringdon

Whitechapel

Acton M

ain Line

Heathrow

Airport

Burnham

Langley

West Drayto

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Twyfo

rd

Paddington

Liverpool

Street

TaplowIve

rHanwell Totte

nham

Court Road

Ealing Broadway

Hayes & Harlin

gdon

Southall

Slough

Map is indicative only and not to scale

Route detail provided by

Crossrail Limited.

Spectrum Business Centre

Tenancies

EPC Ratings Tenant Information

Cordwallis Industrial Estate, Clivemont Road, Maidenhead, Berkshire SL6 7DE

Iomart Group Plc – Graydon 2A (excellent) low risk rating

Iomart Group Plc’s activities are listed as ‘Cloud computing and managed hosting services through a

network of owned data centres’.

Their sales for the year ending 31st March 2015 were £65,797,000 producing a pre-tax profit of

£10,785,000. Net assets were £72,697,000.

Comprises 8 identical terraced units completed in 2007 which have been combined to form a single unit

let to the same Tenant on two separate leases. The units have been converted into a state-of-the-art

data centre by the Tenant.

Unit Tenant Size sq ft GIA Expiry Next review Rent PA Rent per sq ft Notes

A-D Iomart Group plc 11,736 Nov 2032 Nov 2017 £123,606 £10.53 Tenant Break Nov 2027

E-H Iomart Group plc 11,736 Nov 2032 Nov 2017 £97,119 £8.28 Tenant break Nov 2027

Unit Rating

A to H 80 (D)

9-27 Clivemont Road

Tenancies

EPC Ratings Tenant Information

Cordwallis Industrial Estate, Maidenhead, Berkshire SL6 7DE

Optex (Europe) Limited – Graydon 3A (excellent) low risk rating

Optex (Europe) Limited activities are listed as ‘The distribution of intelligent sensor equipment’.

Their sales for the year ending 31st December 2015 were £18,750,000 producing a pre-tax profit of £558,000.

Net assets were £4,803,000.

Jaswir Singh Malhi and Inderjit Kaur Malhi trading as Trend Interiors

The tenants use the property for the warehousing and distribution of household furniture

Brian Prosser trading as Bulldog Display

The tenant uses the property for the construction of exhibition displays

Units 12 & 14 comprise 2 semi-detached units constructed in the early 1990s which are let separately.

Units 9-27 comprise 11 interlinked terraced units constructed in the 1920s and let to a single tenant.

Unit Rating

9-11 & 21-27 111(E)

12 94 (D)

14 107 (E)

Unit Tenant Size sq ft GIA Expiry Next review Rent PA Rent per sq ft Notes

9-11 & JS Malhi & IK Malhi

12 Optex (Europe) Ltd

14 B. Prosser

t/a Bulldog Display

30,461 30/4/21 N/A £90,000 £2.95

4,052 9/5/18 N/A £47,500 £11.75

3,763 31/8/21 31/3/19 £31,000 £8.24

21-27 t/a Trend Interiors

Outside the 1954 ActTenant break 1/5/18Landlord breaks 1/5/19 & 1/5/20

Inside the 1954 Act

Outside the 1954 Act

Tenant break 30/3/19

Prism Business CentreCordwallis Industrial Estate, Clivemont Road, Maidenhead, Berkshire SL6 7DE

Comprising 1.10 acre (0.445 ha) site with planning consent for 7 industrial units in 2 terraces with an area of 21,441 sq ft (1,992 sq m)

GEA, together with 44 car spaces (Planning Ref 13/02228). Details of the units planned are included below.

LOADINGBAY

LOADINGBAY

LOADINGBAY LOADING

BAY

LOADINGBAY

LOADINGBAY

LOADINGBAY

REFUSESUB

STATION

UNIT

3

UNIT

2

UNIT

1 UNIT

4

UNIT

5

UNIT

6

UNIT

7

C L I V E M O N T R O A D

MA

RT

IN

RO

AD

SQ. FT. SQ. M.

UNIT WAREHOUSE OFFICE WAREHOUSE OFFICE

1 4,004 603 372 56

2 2,616 398 243 37

3 2,486 377 231 35

4 3,638 549 338 51

5 1,948 291 181 27

6 1,948 291 181 27

7 1,991 301 185 28

TOTAL 21,441 1,992

The units are to be available on a gross external (GEA) basis as follows:

Accommodation Proposed Specification• The units to be constructed with a braced

steel portal frame.

• The roofs to be covered with a British Steel Colourcoat Prisma insulated steel roof panel system with double skin “mansafe“ transparent roof lights (10%).

• Gutters – galvanised steel painted.

• External walls – Steel Colorcoat Prisma insulated cladding with prefinished steel internal liner and Kingspan microrib.

• Windows – Double glazed powder coated aluminium with anti-glare outer leaf.

• Polycarbonate entrance canopy.

• WC – Capped off services for installation at later date to be DDA compliant.

• Kitchenette.

• Loading Doors – Electric 3m wide x 4m high.

Indicative artist's impression

MIE PortfolioCordwallis Industrial Estate

Clivemont Road, Maidenhead

Berkshire SL6 7DE

www.mie-portfolio.co.uk

Paul Deriaz pderiaz@deriaz.co.ukDDI: 01628 495506

John Williamsjwilliams@lsh.co.ukDDI: 01628 678180

The following information files are available to download at our

website: www.mie-portfolio.co.uk

Offers are invited for the freehold interest of the entire

portfolio. Separate offers may be made for the green, red and

blue lots. Alternatively, the whole share capital of Maidenhead

Industrial Estates Limited would be available for purchase.

Further Information

Viewings

Proposal

• Leases and tenancy documents

• Full EPCs

• Development site – plans and specification

Strictly by prior appointment through agents:

All information contained in this brochure is indicative only and does not form part of any contract.

01732 851502Gavin Thomas Design Consultants Ltd