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Pagoda Building 12-14 Seafield Rd 4,283 sq ft Office Property Inverness IV1 1SG £475,000 (£110.90/sq ft) 2.74% Net Initial Yield



INVESTMENT HIGHLIGHTS
- 2-Storey Pagoda Building
- On-Site Car Parking
- Prime Longman Industrial Estate
EXECUTIVE SUMMARY
The property is available “For Sale” with the benefit of the existing lease over the first floor offices. The ground floor is currently vacant. The property may suit an owner occupier or investor.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Office
Tenure
Freehold
Property Size
4,283 sq ft
Costar Property Class
B
Year Built
1997
Price
£475,000
Price per sq ft
£110.90
Yield
2.74%
NOI
£13,000
Tenancy
Single
Number of Floors
2
Typical Floor Size
2,142 sq ft
Floor To Floor Height
10 ft
Plot ratio
0.86
Total Plot Size
0.11 ac
Parking
24 Spaces (5.6 Spaces per 1,000 sq ft Leased)
AMENITIES
- Reception
- Demised WC facilities
- Open-Plan
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Pagoda Building | 12-14 Seafield Rd
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