Fieldhouse Lane, Marlow, SL7 1LS

The subject premises comprises a self-contained site extending to approximately 1.03 acres, with a low site cover of approximately 12%.

Existing buildings comprise detached 2 & 3 storey (attached) office block incorporating a 2-storey lab space, with associated staff amenities of approximately 13,495 sq ft.

Location Description

The subject property is located on Globe Business Park – the main commercial area of Marlow - centred around Parkway and Fieldhouse Lane.

Globe Business Park is located to the east of the town centre and lies immediately adjacent to the A404(M) – the main arterial road connecting to J8 of the M4 at Maidenhead to the south (8.5 miles) and Junction 4 of the M40 at High Wycombe to the north (3 miles).

Terms

Site held part freehold (approx. 0.58 acres) and part long leasehold (approx. 0.45 acres). The 0.45 acres held long leasehold is leased from Buckinghamshire Council and currently used as a car park.

The lease term runs for 99 years from 1st March 1971. The rent was last reviewed 1st March 2004 to £9,375 per annum, with the next review taking place in 2037.

Buckinghamshire Council, the freeholder of the Long Leasehold Title, have confirmed that they would be willing to engage with the purchaser of the site for an extension of the long leasehold interest and would be willing to grant a new lease of up to 125 years, subject to the agreement of other commercial terms.