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