Property Fund Manager

Spectrum Point, Farnborough

Property

Spectrum Point, 279 Farnborough Road, Farnborough, GU14 7LS

Description

Acquired in March 2015, Spectrum Point, Farnborough is an 85,200 sq ft town centre office building and holds a prominent position on the main approach road (A325) to Farnborough from the north and the property is adjacent to Farnborough Main Railway Station, where a regular mainline train service is provided. The town centre’s improving amenities and services are in proximity.

The offices are configured as two separate blocks set around a central, full height atrium. Block A is arranged over ground and 4 upper floors, while Block B comprises ground and 3 upper floors. In addition, the property offers an excellent parking ratio of 1:230 sq ft.

The short unexpired lease term provides an excellent opportunity to re-gear the existing leases and improve the income profile within the short term in conjunction with a programme of refurbishment to improve the quality and create a cutting edge business environment to drive rental tone.