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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


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.
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
The space compromises 626 sf of ground floor office accommodation. Annual Rent - £10,000 per annum plus 4% service charge.
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 |
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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.
1 1
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Reed House | 3-4 Hunters Ln
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