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St. Johns Court 2 Brewery Hl 1,876 sq ft 100% Let Office Property Grantham NG31 6DW £225,000 (£119.94/sq ft) 12% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Achieving Over £31,000 Per Annum
- Three Units Over Two Storeys
- Close To Grantham Town Centre
- Fantastic Investment Opportunity
- Estimate Yield Of 12% - 13%
- Over 11,000 Square Foot
- Short Walk To Train Station
- EPC's In Place
EXECUTIVE SUMMARY
This well-maintained building presents a prime investment opportunity, currently generating a strong annual rental income of approximately £31,000 per annum, with all units fully let.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Property Size
1,876 sq ft
Costar Property Class
B
Year Built
1980
Price
£225,000
Price per sq ft
£119.94
Yield
12%
NOI
£27,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
625 sq ft
Plot ratio
0.48
Total Plot Size
0.09 ac
Parking
3 Spaces (1.6 Spaces per 1,000 sq ft Leased)
AMENITIES
- Kitchen
- EPC - D
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St. Johns Court | 2 Brewery Hl
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