Colonial House Station Rd 4,977 SF 100% Leased Office Building Leiston IP16 4JD $677,415 ($136.11/SF) 12.52% Cap Rate

Colonial House presents an opportunity to acquire a fully let freehold office investment in Leiston, Suffolk, producing a current income of £62,583 per annum from five occupiers. The property extends to 4,316 sq ft and is arranged as a number of self-contained office suites with 31 parking spaces, providing a strong parking ratio. The building has reportedly experienced no letting voids over the last ten years and benefits from effectively FRI leases contracted outside the Landlord & Tenant Act 1954. Located approximately 2 miles from the £38 billion Sizewell C development, the asset is positioned to benefit from significant long-term regional investment and employment growth. At the guide price of £500,000, the property reflects a capital value of £116 psf and an attractive gross yield of approximately 12.5%.