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St. Johns Court 2 Brewery Hl 1,876 SF 100% Leased Office Building Grantham NG31 6DW $299,788 ($159.80/SF) 12% Cap Rate
INVESTMENT HIGHLIGHTS
- Achieving Over £31,000 Per Annum
- Three Units Over Two Storeys
- Close To Grantham Town Centre
- Fantastic Investment Opportunity
- Estimate Yield Of 12% - 13%
- Over 11,000 Square Foot
- Short Walk To Train Station
- EPC's In Place
EXECUTIVE SUMMARY
This well-maintained building presents a prime investment opportunity, currently generating a strong annual rental income of approximately £31,000 per annum, with all units fully let.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Building Size
1,876 SF
Building Class
B
Year Built
1980
Price
$299,788
Price Per SF
$159.80
Cap Rate
12%
NOI
$35,975
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
625 SF
Building FAR
0.48
Lot Size
0.09 AC
Parking
3 Spaces (1.6 Spaces per 1,000 SF Leased)
AMENITIES
- Kitchen
- Energy Performance Rating - D
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St. Johns Court | 2 Brewery Hl
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