ACRE Capital have advised Delancey on the disposal of Kingsmead Business Park on behalf of Delancey. The 7.7-acre site is located close to London Road, just off Junction 3 of the M40 and equidistant between Beaconsfield and High Wycombe.
The park is held Freehold and comprises five offices totalling 142,610 sq ft. The offices are c40% vacant with a short WAULT on the remaining tenancies (currently multi-let to five tenants).
The site provides future optionality for refurbishment / asset management as offices, or redevelopment for alternative uses including industrial / warehousing or residential (subject to planning).
Location: High Wycombe
Property Type: Office
Transaction Type: Disposal
Client: Delancey
