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Pegasus House Bakewell Rd 97,316 sq ft 100% Let 4-Star Office Property Peterborough PE2 6WW £8,500,000 (£87.34/sq ft) 11.38% Net Initial Yield
Investment Highlights
- The site benefits from a power supply of 1.2 MVA
- Excellent car parking provisions with surface car parking providing 448 spaces
- Large site totalling 6.6 acres
Executive Summary
A c.97,000 sq ft HQ office building single let to Compare the Market Limited, a UK company reporting annual profits in excess of £220 million.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
97,316 sq ft
Costar Property Class
B
LoopNet Rating
4 Star
Year Built
1993
Price
£8,500,000
Price per sq ft
£87.34
Yield
11.38%
NOI
£967,300
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
47,143 sq ft
Floor To Floor Height
9 ft
Parking
88 Spaces (0.92 Spaces per 1,000 sq ft Leased)
Amenities
- Atrium
- Controlled Access
- Security System
- Signage
- Wheelchair Accessible
- Kitchen
- Accent Lighting
- Reception
- Storage Space
- Bicycle Storage
- Central Heating
- Shower Facilities
- Wi-Fi
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
- On-Site Security Staff
- Backup Power / Generators
- Raised Floor System
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Pegasus House | Bakewell Rd
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