Maidenhead Flashcards
1
Q
Why is the Thames Valley a strong occupier market?
A
2
Q
What is the Thames Valley?
A
3
Q
Tell me more about the active requirements
A
Ranging between 4,000 - 60,000 sqft for EA Games, Johnson and Johnson and NHS
4
Q
What is the prime rent in Maidenhead?
A
£51 - L&G’s back to frame Tempo office development in Q4 2023 (150,000 sqft). While the subject was further from the station, it would get a premium for smaller floor plates so I anticipated a similar rental level of £50 psf (after refurbishment)
5
Q
What did you appraise the rent at without refurbishment?
A
£30-£40
6
Q
What lease terms did you assume?
A
10 years with 5-yearly break and OMV RR
