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Delta 200 Delta Office Park 32,046 SF 51% Leased Office Building Swindon SN5 7XB $2,346,316 ($73.22/SF) 8.50% Cap Rate

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Investment Highlights

  • 32,046 sq ft office building arranged over ground and first floors
  • Part let to Renesas Design (UK) Ltd, a 97A rated, ‘very low risk of business failure’ covenant until 2031, subject to a break in December 2028
  • Net income (after ground rent deduction) £157,981 per annum
  • Situated just 2.3 miles from J16 of the M4 motorway and 2.6 miles from Swindon Town Centre
  • Occupying a highly prominent 2.24 acre site, equating to a very low site coverage of 16%
  • 16,049 sq ft currently vacant and immediately available to let.

Executive Summary

The long leasehold of this office investment opportunity is available for the guide price of £1.75 million, providing a yield of 8.5%.

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Building Size
32,046 SF
Building Class
B
Year Built
1991
Price
$2,346,316
Price Per SF
$73.22
Cap Rate
8.50%
NOI
$199,437
Percent Leased
51%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
16,023 SF
Building FAR
0.33
Lot Size
2.24 AC
Parking
125 Spaces (3.9 Spaces per 1,000 SF Leased)

Amenities

  • Accent Lighting
  • Energy Performance Rating - E
  • Air Conditioning
  • Raised Floor System

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Wholesaler
  • -
  • $18.90
  • Dec 2024

Dialog Semiconductor creates energy-efficient, highly integrated, mixed-signal circuits optimised for personal portable, short-range wireless, lighting, display and automotive applications. They are headquartered near Stuttgart with sales, R&D and marketing operations all over the world.

Tenant Industry SF Occupied Rent/SF Lease End
Wholesaler - $18.90 Dec 2024

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 7,500-15,800 SF
  • Office
  • -
  • Now

The available space comprises the first floor of this detached headquarters office building, which can be split to provide from circa 7,500 ft² (697 m²) up to a whole floor of 15,800 ft² (1,468 m²), The building benefits from a central light well, providing a well-lit working environment, along with an attractive car parkign ratio of 1 space per 245 ft², along with additional on street parking in the immediate vicinity.

Space Size Space Use Condition Available
1st Floor 7,500-15,800 SF Office - Now

1st Floor

Size
7,500-15,800 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size 7,500-15,800 SF
Space Use Office
Condition -
Available Now

The available space comprises the first floor of this detached headquarters office building, which can be split to provide from circa 7,500 ft² (697 m²) up to a whole floor of 15,800 ft² (1,468 m²), The building benefits from a central light well, providing a well-lit working environment, along with an attractive car parkign ratio of 1 space per 245 ft², along with additional on street parking in the immediate vicinity.

  • Listing ID: 35829986

  • Date on Market: 5/12/2025

  • Last Updated:

  • Address: Delta Office Park, Swindon SN5 7XB

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