The Property Reigate is an established office centre with Watson Wyatt, Kimberley Clark Europe, Esure and Canon UK all having chosen the town for their HQ. This is a 1985 built impressive stand alone office building on ground and three upper floors. It is in a superb corner location almost immediately opposite Reigate Station, with a regular service into London Victoria and London Bridge within 45 minutes. It is also well located for access to London Gatwick Airport, 6 miles to the south.
The building totals 1,315 sqm/14,175 sqft and is cooled. It also has 44 car parking spaces, a very good ratio for Reigate at 1 space per 1:30 sqm/1:322 sqft and is ideal as a corporate headquarters, having both location and presence. The building was let to Eurodis Electron plc when we bought it, they went into administration and we have now inherited the building with a subtenant of one floor in place.
The Japanese word for crisis is the same as the Japanese word for opportunity. Our view was that we now had the ability to upgrade the building. We have rebranded it Reigate Place, installed new comfort cooling, LG3 compliant light fittings, carpet and new WC’s, all to a much better standard than Reigate is used to seeing.
The following photographs will show you what a good interior designer, Utility, plenty of imagination and not a little money can achieve.
Why Buy? An imposing, very well located office building opposite the station in a good Surrey town which has always done well. As at Autumn 2006, we are multiletting the building and have commissioned a new lease, branded GALILEO, which runs to no more than 10 pages written in plain English. We will now hold the building for expected growth off relatively undemanding rents.
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Navigator Securities
15 Bruton Place
London W1J 6LU
Ivor A French FRICS
T 020 7529 5544
M 078 9999 1111
Email Ivor
David Coleman MRICS
T 020 7529 5540
M 07956 966 677
Email David