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Chartered House Nepshaw Ln S 4,052 SF 100% Leased Office Building Morley LS27 7UY $684,154 ($168.84/SF) 11.50% Cap Rate
Investment Highlights
- Prominent location adjacent to M621
- 19 parking spaces
- Mixture of gas fired central heating and electric heating/cooling
- Let to Jensten Insurance Brokers Ltd
- Suspended ceilings
- Staff break-out areas to each floor
Executive Summary
Constructed in 2006, the property comprises a two storey self-contained detached office building providing a mixture of open-plan and cellular office accommodation with the following specifications:
- Suspended ceilings
- Mixture of gas fired central heating and electric heating/cooling
- LED lighting
- WCs
- Kitchen/staff break out areas
The property also benefits from 19 dedicated parking spaces.
- Suspended ceilings
- Mixture of gas fired central heating and electric heating/cooling
- LED lighting
- WCs
- Kitchen/staff break out areas
The property also benefits from 19 dedicated parking spaces.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
4,052 SF
Building Class
B
Year Built
2004
Price
$684,154
Price Per SF
$168.84
Cap Rate
11.50%
NOI
$78,678
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,026 SF
Building FAR
1.03
Lot Size
0.09 AC
Parking
19 Spaces (4.69 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Accent Lighting
- Energy Performance Rating - C
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Chartered House | Nepshaw Ln S
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