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Priam House Kemble Dr 6,877 SF 100% Leased Office Building Swindon SN2 2EH $2,238,418 ($325.49/SF) 7.14% Cap Rate

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INVESTMENT HIGHLIGHTS

  • HIGH QUALITY BREAK OUT/RESTURANT AREA FEATURING WOODEN FLOOR, KITCHENETTE FACILITIES AND GAMES AREA
  • 26 ALLOCATED CAR PARKING SPACES IN SECURE CAR PARK TO THE REAR OF THE PROPERTY
  • SEPARATE FRONT AND REAR PEDESTRIAN ACCESS POINTS

EXECUTIVE SUMMARY

Prime investment opportunity. Reversionary office investment with rent review in March 2024. Current rent passing of £120,000 per annum exclusive.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
6,877 SF
Building Class
B
Year Built
2012
Price
$2,238,418
Price Per SF
$325.49
Cap Rate
7.14%
NOI
$159,887
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,719 SF
Parking
30 Spaces (4.36 Spaces per 1,000 SF Leased)

AMENITIES

  • Air Conditioning
  • Listing ID: 26726790

  • Date on Market: 9/28/2022

  • Last Updated:

  • Address: Kemble Dr, Swindon SN2 2EH

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