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Chiltern House Thame Rd 5,885 sq ft 100% Let Office Property Haddenham HP17 8BY £895,000 (£152.08/sq ft) 13.41% Net Initial Yield



INVESTMENT HIGHLIGHTS
- 0.3 of a mile to mainline railway station
- Excellent parking (approx. 22 spaces)
- Active serviced office centre
EXECUTIVE SUMMARY
The premises comprise a detached, two storey, purpose built office building, with brick elevations, a flat roof and PVCu double-glazed windows. There is parking to the front and sides of the building providing a total of approximately 22 spaces.
The premises are available to purchase on a freehold basis. Income producing office with approval for residential conversion.
The building is currently operated as a serviced office centre where there are a number of licence agreements in place. The current gross income is approximately £120,000 per annum with two suites vacant. The offering presents asset management potential for improving the performance of the centre.
The premises are available to purchase on a freehold basis. Income producing office with approval for residential conversion.
The building is currently operated as a serviced office centre where there are a number of licence agreements in place. The current gross income is approximately £120,000 per annum with two suites vacant. The offering presents asset management potential for improving the performance of the centre.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office / Residential
Property Size
5,885 sq ft
Costar Property Class
B
Year Built
1987
Price
£895,000
Price per sq ft
£152.08
Yield
13.41%
NOI
£120,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,943 sq ft
Parking
22 Spaces (3.74 Spaces per 1,000 sq ft Leased)
AMENITIES
- Accent Lighting
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Chiltern House | Thame Rd
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