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Forge 43 Church St W
77,601 SF 87% Leased Office Building Woking GU21 6HT $52,771,295 CAD ($680 CAD/SF) 8.50% Cap Rate
Investment Highlights
- Architecturally outstanding design and hotel-style offering
- Multi-let to five tenants including Nomad Foods Europe, Europe’s leading frozen food manufacturer, as well as BOC and Verint Systems
- Flexible floor plates, extensive communal workspace and new M&E throughout
Executive Summary
Multi-let to five tenants including Nomad Foods Europe, Europe’s leading frozen food manufacturer, as well as BOC and Verint Systems. WAULT of 9.5 years to expiries and 2.9 years to breaks. High-capex occupier fit outs throughout. Total rent of £2,644,299 per annum / £36.02 per sq ft on the CAT A space (£43.56 per sq ft achieved for CAT A+). Woking's office supply is critically low and leasing momentum is strong. Freehold, offers in excess of £29.13 million / 8.50% NIY / £375 per sq ft
Property Facts
Amenities
- Atrium
- Food Service
- Reception
- Bicycle Storage
- Demised WC facilities
- Natural Light
- Open-Plan
- Shower Facilities
- Hardwood Floors
- Air Conditioning
- Balcony
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
The accommodation benefits from natural light and is fully fitted and furnished, which currently includes a mixture of open plan and private offices.
A flexible internal space, with atrium providing meeting and co-working space, café, studio space, bike ramp with bike store and showers/changing facilities – all in an awe inspiring, beautifully designed working environment with 77,350 sq ft of workspace. Forge is in close proximity to Woking station providing excellent access to the rail network and travel times into London of just 23 minutes with 15 trains an hour running into the capital.
| Space | Size | Space Use | Condition | Available |
| Ground-Ste Part | 5,069 SF | Office | Full Build-Out | Now |
| Ground-Ste Suite 1 | 4,740 SF | Office | Full Build-Out | Now |
Ground-Ste Part
| Size |
| 5,069 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
Ground-Ste Suite 1
| Size |
| 4,740 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
Ground-Ste Part
| Size | 5,069 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
The accommodation benefits from natural light and is fully fitted and furnished, which currently includes a mixture of open plan and private offices.
Ground-Ste Suite 1
| Size | 4,740 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
A flexible internal space, with atrium providing meeting and co-working space, café, studio space, bike ramp with bike store and showers/changing facilities – all in an awe inspiring, beautifully designed working environment with 77,350 sq ft of workspace. Forge is in close proximity to Woking station providing excellent access to the rail network and travel times into London of just 23 minutes with 15 trains an hour running into the capital.
Presented by
Forge | 43 Church St W
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