One Station Square, One, Station Square, Bracknell
- SIZE AVAILABLE
55,023 sq ft
5,112 sq m
- SECTOR
Mixed use property for sale
Key features
- PD/Alternative use for approx. 67 dwellings (subject to the requisite consents)
- No restrictions on permitted use within the headlease
- WAULT to expiry of 1.4 years and WAULT to break of 1.0 years
- Asset management potential to let out the vacant space
- The building extends to 43,405 sq ft NIA and 55,023 sq ft GIA
- Additional massing through PD or full planning permission
- Near town centre & The Lexicon, newly developed retail and leisure destination
- 4 out of 5 tenancies ending by June 2027, Vacant Possession by October 2028
- Multi let to 4 tenants, passing rent of £576,796 pa. (14.41% GIY on guide)
Description
One Station Square is a modern multi-let office building extending to 43,405 sq ft net internal area, arranged over ground and seven upper floors. The unit sizes range from 1,588 sq ft to 5,513 sq ft.
Key features
EPC rating B
2 x 10 Person Lifts
2 x Stair cores
Fully wired ‘plug and play' open plan floor
Modern reception
Exceptional town centre parking ratio of c 1:202 sq ft
LED Lighting
Extensive bike storage and modern shower and changing facilities
The car park contains 337 carparking spaces, at grade and within the multi storey car park to the rear. These are currently allocated as follows:
127 reserved for Network Rail under the headlease
118 for the tenants &
92 unallocated
Permitted Development/ Alternative use
The building is not within a designated Employment Area, and there are no restrictions on permitted use within the headlease.
Feasibility study for 67 units has been drawn up (available in the legal pack)
17 x Studios
43 x One Bedroom
7 x Two Bedroom
Class MA Permitted Development Rights - Expedited route to change of use within the current building massing
Class AA Permitted Development Rights - Expedited route to change of use with potential to add two additional floors
Highly efficient floor plates
The offices have exceptional natural light, with windows on all aspects of the building
Simplistic, easily divisible floor plates providing a clear and flexible route to alternative use
Planning report available in the Data Room
Bracknell is a strategically positioned Berkshire town, within the Thames Valley economic corridor, one of the UK’s strongest commercial and employment hubs. The town has very strong commuter links through Reading and London, as well as it being a modern employment centre in itself, benefitting from public and private investment. The town centre has undergone substantial regeneration in recent years, anchored by The Lexicon, a £240m redevelopment which sits adjacent to One Station Square. The Lexicon is a vibrant modern retail and leisure destination, opened in 2017, originally developed by Schroder’s and Legal & General, before it’s high-profile trade to Realty Income in 2025. It offers over a hundred shops and restaurants, within a very short walk of the station and One Station Square.
Transport
Reading 20 mins
Clapham Junction 51 mins
Heathrow (via Staines) 52 mins
Paddington 55 mins
Waterloo 1 hr 2 mins
Gatwick Airport 1 hr 30mins
Brochures
One Station Square, One, Station Square, Bracknell
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bracknell Station0.1 miles
- Martins Heron Station1.3 miles
- Ascot Station3.4 miles
Notes
Disclaimer - Property reference 612CF4CE-081E-412F-9567-BD6E8E7F3A2A. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Savills Auctions- Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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