FOR SALE - HIGH QUALITY OFFICE HEADQUARTERS 30,510 SQ FT (2,834 SQ M) DEGREMONT HOUSE, HOUGHTON HALL BUSINESS PARK, PORZ AVENUE, DUNSTABLE,

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1 FOR SALE - HIGH QUALITY OFFICE HEADQUARTERS 30,510 SQ FT (2,834 SQ M) DEGREMONT HOUSE, HOUGHTON HALL BUSINESS PARK, PORZ AVENUE,

2 FOR SALE PROPERTY SUMMARY Prominent office headquarters finished to a high specification. Sold with vacant possession Excellent location just to the north of Dunstable town centre 30,510 sq ft (2,834 sq m) on a site of approximately 0.92 ha (2.27 acres) Flexible training space with vehicle workshop Substantial car parking. In excess of 98 car parking spaces

3 LOCATION The property is located in the Houghton Hall Business Park to the north of Dunstable. Adjacent occupiers include the headquarters for Whitbread, Niceic and Gemini Consultants. The area has excellent road communications being approximately 3.2 kilometres (two miles) from Junction 11 of the M1 and approximately 24 kilometres (15 miles) from Junction 21A of the M25. Dunstable town centre is approximately 2.7 kilometres (1.7 miles south-west of Degremont House. Leagrave railway station is located approximately four kilometres (2.5 miles) to the east of the property connecting to Kings Cross St Pancras with journey times under 40 minutes. The A5-M1 Link (Dunstable Northern Bypass) is due to start construction in late 2014/early 2015 which will further improve accessibility to the property from the M1. DESCRIPTION Degremont House is a high specification office headquarters of a contemporary design using both glass and brickwork. The building sits on a site area of approximately 0.92 ha (2.27 acres). It comprises approximately 30,510 sq ft (2,834 sq m) of office accommodation arranged over two floors. The rear wing of the property was added to the original building in A flexible training space which includes a vehicle workshop adjoins the office building to the north of the property. This area has been designed so it can be easily reinstated to offices. FOR SALE

4 FOR SALE ACCOMMODATION Ground Floor sq ft sq m Ground Floor 16,563 1,539 First Floor 13,947 1,295 TOTAL (NIA) 30,510 2,834 Note: We would advise that the above floor areas must be approved/verified by the ingoing tenant. Approximately 98 on-site parking spaces Air conditioning Full access raised floors Suspended ceilings with recessed lighting Lift Large meeting room/conference room Flexible training space Kitchen and restaurant 2,140 sq ft vehicle workshop Full height reception area Carpeting Hardwood veneered doors Male and female and disabled WC accommodation Showers

5 EPC TENURE The property is available on a freehold basis. CONTACT For further information please contact: CBRE Limited, Petroleum & Automotive Team: CBRE Limited St Martin s Court 10 Paternoster Row London EC4M 7HP Robin Baker t: +44(0) e: robin.j.baker@cbre.com CBRE Limited on its behalf and for the Vendors or Lessors of this property whose Agent it is, give notice that: RATEABLE VALUE 2010 Rating List: Description Rateable Value Offices and Premises 295,000 The 2013/2014 Uniform Business Rate is 48.2 pence. PRICE Price On Application VIEWINGS Strictly by appointment through CBRE 1. These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. 2. Details are given without any responsibility and any intending Purchasers, Lessees or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of CBRE has any authority to make any representation or warranty whatsoever in relation to this property. 4. Unless otherwise stated, all priced and rents are quoted exclusive of VAT. 5. Please note that unless explicitly stated otherwise, any advice contained within this report relating to the value of property is provided in accordance with CBRE s terms of engagement in preparation for or during negotiations, or in connection with agency or brokerage work, on the understanding that it will be used for the recipients internal purposes only, that the scope or basis is restricted to the basis set out in this report or CBRE s terms of engagement and will not be relied upon by third parties. Neither CBRE nor the author can accept any liability to the recipient, nor third parties, who may seek to rely upon this advice for other purposes FOR SALE August 2014