Farnborough is situated 35 miles south west of central London and has excellent road communications, via the A331 Blackwater Valley Route 1.5 miles away, giving dual carriage way access to Junction 4 of the M3 to the north and the A303 via the A31 to the south.
A prime South East office park of which four buildings were purchased in March’15 when fully let to BAE Systems until 2017. Planning consent was gained in April’17 for the extensive refurbishment of 2 buildings of 75,000sq.ft and 45,000sq.ft, with construction commencing in Dec’17 for completion in Q4 2018. In addition, a refurbishment of 60,000sq.ft was completed in Nov’17 on one of the other buildings, whilst the sub-leases in the fourth building were re-geared upon BAE lease expiry with the three sub-tenants. The buildings have recently been rebranded as Ascent 1, 2, 3 & 4.
Hermes Investment Management