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5 Queen St 7,769 sq ft 100% Let Office Property Norwich NR2 4TL £1,300,000 (£167.33/sq ft) 9.40% Net Initial Yield
Investment Highlights
- Prominent Business Location
- Wide Frontage
- Solid Transport Links
Executive Summary
Offers are invited in the region of £1,300,000 (One Million, Three Hundred Thousand Pounds) + VAT for the freehold of the property. A purchase at this level will reflect a net initial yield of approximately 9.4%, after buyer’s costs.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
7,769 sq ft
Costar Property Class
B
Year Built
1980
Price
£1,300,000
Price per sq ft
£167.33
Yield
9.40%
NOI
£122,200
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
1,554 sq ft
Floor To Floor Height
11 ft
Plot ratio
0.89
Total Plot Size
0.20 ac
Amenities
- Kitchen
- Demised WC facilities
- Natural Light
- Wi-Fi
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5 Queen St
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