Reigate

Watson House, Reigate

• Prominent HQ office building sold following the negotiation of a lease re-gear for 10 years, Sold for Lloyds Bank Pension Fund for £19.7m

• Prominent headquarters office building located in central Reigate.
• Producing a rental income of £1,504,000 per annum, which reflects £21.35 per sq ft on block A and £21.38 per sq ft on block B.
• Reigate is an established M25 office market, with a historically low grade A vacancy rate.
• Excellent car parking provision of 230 spaces. (ratio 1:298 sq ft)
• The property which totals 73,936 sq ft has an excellent specification which includes air conditioning, raised floors, category 2 lighting and suspended ceilings.