Verified listing
Share:

Multi-let Office/Life Science Park Investment

Oxford, United KingdomUnlock address

79%

£22.000.000

Mixed use

#12853

Core+

24 Feb 2024

Property Details

Broker

Deactivated

74,823 sq.ft.

6,951 m²

Leasable area

294 £/sq.ft.

3,165 £/m²

3

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Multi-let office/life science park that comprises five detached buildings providing a total net internal area of 74,823 sq ft. Excellent car parking ratio of 1:287 sq ft. Freehold tenure totalling 3.59 acres. Currently let to three tenants providing an attractive WAULT of 16.5 years to expiry. Current passing rent of £352,960 per annum, which equates to a very low rent of only £13.10 psf. Significant asset management opportunities. Consider selling off individual buildings on the park to specialist buyers. Seeking offers in excess of £22,000,000, which reflects a low capital value of only £294 psf.