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Minerva House Orchard Way 14,500 SF 100% Leased Office Building Torquay TQ2 7FA $3,330,979 ($229.72/SF)
INVESTMENT HIGHLIGHTS
- Multi Let Office Investment Opportunity
- 56 Car Parking Spaces
- Located in an Established Business park
- Modern Detached Office Building
EXECUTIVE SUMMARY
The freehold of this office investment opportunity is available for the guide price of £2.5 million. he existing passing rent is £207,410 pa which could increase to around £264,000 pa on letting the final second floor suite, which is fully refurbished.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
14,500 SF
Building Class
B
Year Built
2010
Price
$3,330,979
Price Per SF
$229.72
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,833 SF
Building FAR
0.60
Lot Size
0.56 AC
Parking
56 Spaces (3.86 Spaces per 1,000 SF Leased)
AMENITIES
- Energy Performance Rating - B
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Minerva House | Orchard Way
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