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Bupa Dental Care 31 Stone St 1,217 SF Office Building Cranbrook TN17 3HF $517,466 ($425.20/SF)

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INVESTMENT HIGHLIGHTS

Fully Let Commercial Investment Opportunity.
Gross Yield of 7.04%.
Ground Floor Occupied by BUPA Dental Services.

Combined Gross Rental Income of £31,700 per annum (exc).
Potential for Rental Growth upon Renewal.

EXECUTIVE SUMMARY

The freehold interest (Title K254997) in the property is offered for sale on an unconditional basis subject to the existing tenancies.
Our client is seeking offers from £385,000 reflecting a Gross Initial Yield of 5.43%, with a potential reversionary yield of 9.32% once fully let.

Brochure

PROPERTY FACTS

Sale Type

Investment

Property Type

Office

Tenure

Freehold

Building Size

1,217 SF

Building Class

Year Built

1875

Price

$517,466

Price Per SF

$425.20

Tenancy

Single

Building Height

3 Stories

Typical Floor Size

406 SF

Building FAR

0.61

Lot Size

0.05 AC

Storage Space

MAJOR TENANTS

Professional, Scientific, and Technical Services
1,217 SF
$22.92
-

Established in 1947, Bupa's purpose is helping people live longer, healthier, happier lives and making a better world. They are an international healthcare company serving over 50 million10 customers worldwide. With no shareholders, they reinvest profits into providing more and better healthcare for the benefit of current and future customers. Bupa has businesses around the world, principally in the UK, Australia, Spain, Chile, Poland, New Zealand, Hong Kong SAR, Türkiye, Brazil, Mexico and India. They also have associate businesses in Saudi Arabia.