€21.750.000
Confirmation
Multi-let Office Investment
Property Details
Broker
For sale
68,305 sq.ft.
6,346 m²Leasable area
318 €/sq.ft.
3,427 €/m²6.50 %
7
Freehold
Fees
Investment Overview
Modern development of seven adjoining office buildings set in attractive landscaped grounds. High-quality office accommodation, extending to 68,305 sq ft. Offers the ideal opportunity for future redevelopment, subject to necessary consents. Situated upon a strategic redevelopment site of 3.59 acres with excellent connectivity 0.5 miles from the A1. 347 car parking spaces, reflecting an excellent ratio of 1:197 sq ft. Multi-let to seven tenants offering attractive income diversification with a WAULT of 6.02 years to expiry and 4.24 years to break. Passing rent of £1,509,004 per annum, reflecting a low overall rent of £22.09 per sq ft. Numerous asset management opportunities.
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