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10 Ashfield Rd 2,740 sq ft Office Property Chorley PR7 1LJ £400,000 (£145.99/sq ft) 6.25% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Benefits from 10 car parking spaces
- Available with vacant possession or as an investment
- Town centre location
EXECUTIVE SUMMARY
Euromedia Associates Limited will be prepared to enter into a five year Lease at a rental of £25,000 per annum exclusive payable monthly in advance for a term of five years with a Tenant only break clause on the 3rd anniversary. The Tenant will have a full repairing responsibility and reimburse the Landlord’s Building Insurance premium.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Office
Tenure
Freehold
Property Size
2,740 sq ft
Costar Property Class
B
Year Built
1950
Price
£400,000
Price per sq ft
£145.99
Yield
6.25%
NOI
£25,000
Tenancy
Single
Number of Floors
3
Typical Floor Size
913 sq ft
Plot ratio
0.69
Total Plot Size
0.09 ac
Parking
10 Spaces (3.65 Spaces per 1,000 sq ft Leased)
AMENITIES
- Kitchen
- EPC - E
- Demised WC facilities
- Open-Plan
- Partitioned Offices
- Reception
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10 Ashfield Rd
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