Log In/Sign up
Your email has been sent.
Javelin House Gloucester Business Park 52,626 sq ft Office Property Brockworth GL3 4AA £17,600,000 (£334.44/sq ft) 8.50% Net Initial Yield
Executive Summary
Instructed to seek offers in excess of £17,600,000 for the freehold interest, subject to contract and exclusive of VAT.
Assuming purchaser’s costs of 8.5%, an acquisition at this level reflects an attractive net initial yield of 7.75% and a low capital value of £297 per sq ft on Javelin House only.
Assuming purchaser’s costs of 8.5%, an acquisition at this level reflects an attractive net initial yield of 7.75% and a low capital value of £297 per sq ft on Javelin House only.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
52,626 sq ft
Costar Property Class
B
Year Built/Renovated
2015/2022
Price
£17,600,000
Price per sq ft
£334.44
Yield
8.50%
NOI
£1,496,000
Tenancy
Single
Number of Floors
3
Typical Floor Size
17,295 sq ft
Plot ratio
0.60
Total Plot Size
2.00 ac
Parking
224 Spaces (4.32 Spaces per 1,000 sq ft Leased)
Amenities
- EPC - B
- Central Heating
- DDA Compliant
- Demised WC facilities
- Lift Access
- Reception
- Shower Facilities
- Suspended Ceilings
- Raised Floor System
1 1
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Javelin House | Gloucester Business Park
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.