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Investment Highlights
- Car parking
- WC facilities
- Natural light
Executive Summary
A superb and rare opportunity to acquire the freehold interest of this high quality spacious purpose-built Office building arranged over two floors and with a net internal floor area extending to 5755 sq. ft. Please see floorplan for gross area.
High quality office building
Investment opportunity
5755 sq. ft
22 parking spaces
All mains services are connected to the property.
The current layout of the building lends itself to a single use occupancy with multiple employee capacity, or it could be divided into 2/4 smaller self-contained offices thus utilising the already located staircases, lifts and washroom facilities.
The property is suited for owner occupation or as an investment opportunity, we have recent market evidence of £12.50 to £15.00 per square foot ( £134.00 to £161.00 Per square metre) being obtained for similar office buildings. The property has full mains power including gas, electricity, water, and mains sewerage connections.
In addition there are 22 allocated parking spaces directly outside the building and in a separate set of bays on the other side of the road.
The property represents an excellent investment opportunity or owner occupation fulfilment.
Rateable Value - £62,500
VAT
VAT is payable on 90% of the purchase price please enquire for further details.
High quality office building
Investment opportunity
5755 sq. ft
22 parking spaces
All mains services are connected to the property.
The current layout of the building lends itself to a single use occupancy with multiple employee capacity, or it could be divided into 2/4 smaller self-contained offices thus utilising the already located staircases, lifts and washroom facilities.
The property is suited for owner occupation or as an investment opportunity, we have recent market evidence of £12.50 to £15.00 per square foot ( £134.00 to £161.00 Per square metre) being obtained for similar office buildings. The property has full mains power including gas, electricity, water, and mains sewerage connections.
In addition there are 22 allocated parking spaces directly outside the building and in a separate set of bays on the other side of the road.
The property represents an excellent investment opportunity or owner occupation fulfilment.
Rateable Value - £62,500
VAT
VAT is payable on 90% of the purchase price please enquire for further details.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Building Size
5,755 SF
Building Class
B
Year Built
2004
Price
$878,877
Price Per SF
$152.72
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,878 SF
Building FAR
1.32
Lot Size
0.10 AC
Parking
22 Spaces (3.82 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Direct Elevator Exposure
- Natural Light
- Yard
- Air Conditioning
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Greengate | Cardale Park
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