Hall Cross House 1 South Para 11,038 SF 100% Leased Office Building Doncaster DN1 2DY $1,134,483 ($102.78/SF) 8.38% Cap Rate

The property is located in a prominent position fronting South Parade, adjacent to Hall Cross, which has been traditionally Doncaster’s main professional office location. The building sits opposite the junction with Town Fields and is within relatively close proximity to Doncaster Town Centre.
FOR SALE Fully Let Period Office Investment with Development Potential The property comprises a predominantly Grade II Listed double fronted former house, now converted to office use and arranged over basement, lower ground, ground, first and second floors. It is configured in two distinct parts, being the original Grade II Listed section fronting South Parade, extended to the rear at a later date and benefiting from substantial on site car parking provision, accessed from the rear service road. Internally, the front accommodation is configured predominantly on a cellular basis benefiting from good natural lighting and the provision of staff welfare facilities. The rear portion of the building is of a modern construction configured as open plan floor plates finished to a good specification. In addition, there is a comprehensive provision of staff welfare facilities and the benefit of two staircases both to the front and rear of the property.
Period office investment, fully let to two tenants producing an annual rent of £75,000 per annum Occupying a prominent position fronting South Parade Excellent on site parking provision Site area extends to 0.38 acres approx 11,038 sq ft (1,025.47 sq m) We are instructed to seek offers in the region of £850,000, a sale at this price reflects a Net Initial Yield of 8.38% allowing for standard purchasers costs Strictly by prior appointment only with the Sole Agent, Savills.