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Bupa Dental Care 31 Stone St 1,217 sq ft Office Property Cranbrook TN17 3HF £385,000 (£316.35/sq ft)
INVESTMENT HIGHLIGHTS
- Fully Let Commercial Investment Opportunity.
- Gross Yield of 7.04%.
- Ground Floor Occupied by BUPA Dental Services.
- Combined Gross Rental Income of £31,700 per annum (exc).
- Potential for Rental Growth upon Renewal.
EXECUTIVE SUMMARY
The freehold interest (Title K254997) in the property is offered for sale on an unconditional basis subject to the existing tenancies.
Our client is seeking offers from £385,000 reflecting a Gross Initial Yield of 5.43%, with a potential reversionary yield of 9.32% once fully let.
Our client is seeking offers from £385,000 reflecting a Gross Initial Yield of 5.43%, with a potential reversionary yield of 9.32% once fully let.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
1,217 sq ft
Costar Property Class
B
Year Built
1875
Price
£385,000
Price per sq ft
£316.35
Tenancy
Single
Number of Floors
3
Typical Floor Size
406 sq ft
Plot ratio
0.61
Total Plot Size
0.05 ac
AMENITIES
- Storage Space
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
-
- Professional, Scientific, and Technical Services
- 1,217 sq ft
- £17.05
- -
Established in 1947, Bupa's purpose is helping people live longer, healthier, happier lives and making a better world. They are an international healthcare company serving over 50 million10 customers worldwide. With no shareholders, they reinvest profits into providing more and better healthcare for the benefit of current and future customers. Bupa has businesses around the world, principally in the UK, Australia, Spain, Chile, Poland, New Zealand, Hong Kong SAR, Türkiye, Brazil, Mexico and India. They also have associate businesses in Saudi Arabia.
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
|
|
Professional, Scientific, and Technical Services | 1,217 sq ft | £17.05 | - |
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Bupa Dental Care | 31 Stone St
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