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HEATHROWTERMINAL 4Princes Club
STRATEGIC LAND SALE with existing leisure use
EXPEDITORS CARGO
CENTRE
BEDFONT LAKES OFFICE PARK
Five minutes from Heathrow Terminal Four
128 acres with 25,000 sq ft of buildings
Development potential (subject to planning): • Hotel • Residential • Conference centre
Existing uses include: • Watersports • Leisure Centre • Café/Bar • Retail • Industrial • Offices
Investment SummaryThe total area of the freehold element of the site is 85 acres. Approximately 9.3 acres of this is land fronting Clockhouse Lane accommodating 25,000 sq ft of buildings.
Subject to the necessary consents, the site has potential for a change of use, such as a Hotel, Conference Centre, or residential development.
CLOCKHOUSE LANE
ASHFORD STATION
Potential
A30
Princes ClubClockhouse LaneBedfontMiddlesex TW14 8QA
The total site extends to 128 acres of which 85 acres are freehold (edged red) and 43 acres are leasehold (edged blue). The leasehold element is held on a 25 year lease from 18/12/2006 (20 years unexpired) from Heathrow Airport Limited at a peppercorn.
The majority of the site is a tranquil and scenic watersports lake of which 9.3 acres (with a 1,470 ft frontage to Clockhouse Lane) accommodates the built area of 25,000 sq ft.
The Princes Club is Europe’s largest waterskiing and wakeboarding club comprising five boating lakes and two lakes, with 600m and 800m cable tows.
The total area of the sports centre is approximately 18,000 sq ft (1,672 sq m) and includes:
• Squash Courts • Bar/Café• Gymnasium • Changing facilities • Offices
There is also an adjacent maintenance yard with associated industrial buildings and a retail unit totalling approximately 7,000 sq ft (650 sq m).
In addition there are six residential, static caravans and a cabin utilised for staff accommodation.
Location The Property
The Princes Club is situated less than one mile from the Southern Perimeter Road of Heathrow Airport and Terminal 4 can be reached in less than five minutes.
Staines is five miles to the west, whilst junction 1 of the M3 is three miles to the South.
Ashford Rail Station is immediately adjacent, with direct services to London Waterloo with a fastest journey time of 38 minutes.
The property is opposite Bedfont Lakes Country Park, which comprises 180 acres of meadows, woodland and lakes, which in turn adjoins Bedfont Lakes Office Park. The office park has a total floor area of over 1 million sq ft and tenants include IBM, SAP and Cisco Systems.
The Princes Club is next to the 260,000 sq ft Expeditors Cargo Centre.
Wraybury Reservoir
Staines Reservoir
Queen Mary Reservoir
A4
A30
A308
M25
M25
M25
M4 M4
M3
M3
Staines
Chertsey
Sunbury
Egham
Weybridge
Ashford
J5
J4J3
J15
J13
J14
J12
J2
J1
Princes Club
A30
EXPEDITORS CARGO CENTRE
BEDFONT LAKES OFFICE PARK
SPORTS CENTRE
MAINTENANCE YARD
BRIDGE FARM
ASHFORD STATION
CL
OC
KH
OU
SE
L
AN
E
B3
00
3
C
LO
CK
HO
US
E
LA
NE
Freehold (85 Acres)
Leasehold (43 Acres)
9.3 Acres
BEDFONT LAKES OFFICE PARK
T.1,2,3
T.4
T.5
EXPEDITORS CARGO CENTRE
AccommodationThe individual buildings on the site have the following approximate areas, measured on a gross internal basis.
SPORTS CENTRE SQ FT SQ M
Gymnasium and Reception 2,650 246
Squash Courts and Aerobics Hall
6,320 587
Café, Bar and Changing Rooms
6,000 557
First Floor Offices 1,200 112
Outbuildings 1,650 153
MAINTENANCE YARD
Industrial, Warehouse, Garage 6,000 557
Retail Unit 1,100 102
TOTAL 24,920 2,314
Retail Unit
A30
CLOCKHOUSE LANE
Gymnasium and Reception
Squash Courts and Aerobics Hall
Café, Bar and Changing
Rooms
Sports Centre
EXPEDITORS CARGO CENTRE
BEDFONT LAKES OFFICE PARK
Maintenance Yard
First Floor Offices
www.vailwilliams.com
Misrepresentation ActVail Williams LLP for themselves and for the vendors of this property whose agent they are give notice that: 1. The particulars produced are in good faith and set out as a general guide only and do not constitute, nor constitute any part of, an offer of contract. 2. No person in the employment of Vail Williams has any authority to make or give any representation or warranty whatever in relation to this property. 3. All statements contained within these particulars are made without responsibility on the part of Vail Williams or the vendor and nothing contained in these particulars is to be relied upon as statement or representation of fact. 4. Unless otherwise stated, all rents or prices quoted are exclusive of VAT which may be payable in addition. 5. Vail Williams have not made any investigations or otherwise of any issues concerning pollution and potential land, building, air or water contamination. A prospective purchaser must undertake their own investigations and satisfy themselves in this regard. March 2012
Brochure production: www.pwellerdesign.co.uk
WebsiteFor access to detailed
information contained on our marketing website, please
contact Susan Petit [email protected]
Further InformationDavid Thorogood
07962 259559020 3589 0059
Mark Sherwood07771 984262
020 3589 [email protected]
Andrew Osborne07768 72434501293 575123
Information
TenanciesThe majority of the site is used by ‘Princes Sporting Club Limited’ for their waterskiing and leisure business. In addition, there are also the following tenancies:
DEMISE TENANT LEASE RENT PER ANNUM
Telecoms Mast Orange Communication Services Ltd
20 yrs from 02/06/2005
£8,540
Telecoms Mast O2 UK Ltd 10 yrs from 15/02/2005
£11,859
Retail Unit FM Sports Ltd Tenancy at will £12,000
TOTAL £32,399
ProposalWe are instructed to invite offers in excess of £2,950,000 for the freehold and leasehold interests.
Town PlanningThe site is within both the Borough of Spelthorne and the London Borough of Hounslow. It is a nature conservation area within the Greenbelt.
Value Added TaxVAT will not be payable on the sale.
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