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Reed House 3-4 Hunters Ln 2,802 sq ft 55% Let Office Property Rochdale OL16 1YL £395,000 (£140.97/sq ft) 4.96% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Located in Rochdale town centre.
  • Nearby local amenities.
  • Benefits from car parking spaces.

EXECUTIVE SUMMARY

The Freehold is available at an asking price of £425,0000.

ATTACHMENTS

Brochure

PROPERTY FACTS Under Offer

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
2,802 sq ft
Costar Property Class
C
Year Built
1988
Price
£395,000
Price per sq ft
£140.97
Yield
4.96%
NOI
£19,580
Occupancy Rate
55%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,401 sq ft
Plot ratio
1.07
Total Plot Size
0.06 ac

AMENITIES

  • Kitchen
  • Roller Shutters
  • Demised WC facilities

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • Ground-Ste 1
  • 626 sq ft
  • Office
  • Shell And Core
  • Now

The space compromises 626 sf of ground floor office accommodation. Annual Rent - £10,000 per annum plus 4% service charge.

  • 1st Fl-Ste 3
  • 626 sq ft
  • Office
  • Shell And Core
  • Now

The space compromises 626 sf of first floor office accommodation. Annual Rent - £9,000 per annum plus 4% service charge.

Space Size Space Use Condition Available
Ground-Ste 1 626 sq ft Office Shell And Core Now
1st Fl-Ste 3 626 sq ft Office Shell And Core Now

Ground-Ste 1

Size
626 sq ft
Space Use
Office
Condition
Shell And Core
Available
Now

1st Fl-Ste 3

Size
626 sq ft
Space Use
Office
Condition
Shell And Core
Available
Now

Ground-Ste 1

Size 626 sq ft
Space Use Office
Condition Shell And Core
Available Now

The space compromises 626 sf of ground floor office accommodation. Annual Rent - £10,000 per annum plus 4% service charge.

1st Fl-Ste 3

Size 626 sq ft
Space Use Office
Condition Shell And Core
Available Now

The space compromises 626 sf of first floor office accommodation. Annual Rent - £9,000 per annum plus 4% service charge.

  • Listing ID: 32790566

  • Date on Market: 14/08/2024

  • Last Updated:

  • Address: 3-4 Hunters Ln, Rochdale OL16 1YL

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