DESCRIPTION
Sold to a Middle Eastern Family Office, 3 Furzeground Way is a modern, freehold 78,540 sq ft office building in Stockley Park, Europe’s premier office park, set on a 3.5-acre plot. With 87% vacancy, the property offers an immediate value-add opportunity, including full refurbishment, repositioning as a sustainable, tenant-focused office, high-tech facility, data centre, or private healthcare space. 63% of the building has already been upgraded, featuring VRF air conditioning, LED lighting, EPC ‘B’ rating, and Wired Score ‘Gold’. The ground floor west suite is let to Alexion Pharma until June 2024 at £293,480 per annum, with recent lettings across the park up to £39.25 psf, and 255 car parking spaces (1:308 sq ft).