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Pinnacle House Stangate Cres 33,978 SF 100% Leased Office Building Borehamwood WD6 2XX $5,935,657 ($174.69/SF)

Investment Highlights
- Spacious double heigh reception
- X1 good lift to the rear of the property
- Ample Car Parking
- X2 passenger lifts from reception
Executive Summary
Originally constructed in 2000, the building provides approximately 33,978 sq ft of office space previously occupied and subsequently owned by a single occupier. The current configuration provides office accommodation across the ground, first, second and third floors. The fourth floor contains a smaller office suite. The second floor also contains a canteen. There are a mixture of client facing meeting and training rooms on the ground floor of the premises. The building has a good amount of parking via a large basement car park, surface level parking to the north and south of the site and finally, a separate car park adjacent to the building separated by Stangate Crescent. Although the subject premises has been subject to a regular maintenance program and periodic cosmetic refurbishments throughout, a number of floors have been mothballed meaning that large parts of the building will require refurbishment.
The premises is available via with vacant possession via FRI (fully repairing and insuring) lease or for sale. Due to the current condition of the building and its offering, we are not openly quoting a rent but are open to discussions.
The premises is available via with vacant possession via FRI (fully repairing and insuring) lease or for sale. Due to the current condition of the building and its offering, we are not openly quoting a rent but are open to discussions.
Property Facts Sale Pending
Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Building Size
33,978 SF
Building Class
B
Year Built
2000
Price
$5,935,657
Price Per SF
$174.69
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
8,495 SF
Building FAR
0.56
Lot Size
1.39 AC
Parking
50 Spaces (0.84 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Demised WC facilities
- Natural Light
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Pinnacle House | Stangate Cres
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