New Aquitaine House, Theale

New Aquitaine House, Theale

New Aquitaine House, Theale
Berkshire – Distribution

New Aquitaine House is a high specification warehouse and office building occupied by Direct Wines – their brands include Sunday Times Wine Club and Virgin Wines.  Theale is an established warehouse and office location to the west of Reading.  We considered that the existing rent did not properly reflect the attributes of the building – in particular the high office content and the low site cover.  After negotiations we were able to achieve an increase in the rent in excess of 10% on behalf of our fund management client.