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The Fairmile Building 21 Highland Ave 7,794 SF 100% Leased Office Building Sandbank PA23 8PB $652,872 ($83.77/SF)
INVESTMENT HIGHLIGHTS
- Multi-tenanted office investment.
- Current income: £56,975 per annum
- Guide Price: £490,000 plus VAT
- Guide price quoted reflects a NIY of 11.09%.
- ERV: £64,675 per annum
- Well established business park location
- WAULT: 4.17 Years
EXECUTIVE SUMMARY
For Sale - Office Investment, The Fairmile Building, Dunoon.
Offers Around £490,000.
The subjects comprise a modern office pavilion opened in 2017 by Highlands & Islands Enterprise (HIE). The workspace is generously sized, light and airy and has good connectivity. The core areas of the building have a high level of internal finish with effective use of natural materials. All office suites are accessed through an impressive double height atrium foyer and enjoy a common reception area with comfortable seating. The office suites are warm and well-lit by internal light wells, affording a comfortable workspace for staff and visitors alike. Further specification below: EPC Rating: B+ Full Height Glazed Entrance Foyer and Reception Area with Public Seating Areas. Dedicated Shower and Changing Room Generous Car Parking (24 Spaces) Private Tea Prep Area in Each Unit Secure Entry System and Alarm
Offers Around £490,000.
The subjects comprise a modern office pavilion opened in 2017 by Highlands & Islands Enterprise (HIE). The workspace is generously sized, light and airy and has good connectivity. The core areas of the building have a high level of internal finish with effective use of natural materials. All office suites are accessed through an impressive double height atrium foyer and enjoy a common reception area with comfortable seating. The office suites are warm and well-lit by internal light wells, affording a comfortable workspace for staff and visitors alike. Further specification below: EPC Rating: B+ Full Height Glazed Entrance Foyer and Reception Area with Public Seating Areas. Dedicated Shower and Changing Room Generous Car Parking (24 Spaces) Private Tea Prep Area in Each Unit Secure Entry System and Alarm
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
7,794 SF
Building Class
B
Year Built
2015
Price
$652,872
Price Per SF
$83.77
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,794 SF
Building FAR
0.88
Lot Size
0.20 AC
Parking
24 Spaces (3.07 Spaces per 1,000 SF Leased)
AMENITIES
- Energy Performance Rating - B
- Automatic Blinds
- Bicycle Storage
- Reception
- Shower Facilities
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The Fairmile Building | 21 Highland Ave
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