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Hercules House Calleva Park 2,200 sq ft 100% Let Office Property Aldermaston RG7 8DN £220,000 (£100/sq ft) 9.09% Net Initial Yield



EXECUTIVE SUMMARY
This prominent property, being located at the front of the estate comprises a second-generation unit at Calleva Park constructed of brick elevations with pitched roof.
The space is arranged over ground and first floor with the ground floor including what would have been an open plan office with two WCs, kitchen and downstairs storage, and the first floor completely open plan space. Over the years, the tenants have altered the layout with the ground floor now including two separate usable areas and the first floor comprising two separate rooms together with an open plan office area. The property benefits from suspended ceilings, category 2 lighting and air conditioning throughout. The building includes seven parking spaces to the front of the building and opposite. We understand more spaces can be used along the side of the building.
The space is arranged over ground and first floor with the ground floor including what would have been an open plan office with two WCs, kitchen and downstairs storage, and the first floor completely open plan space. Over the years, the tenants have altered the layout with the ground floor now including two separate usable areas and the first floor comprising two separate rooms together with an open plan office area. The property benefits from suspended ceilings, category 2 lighting and air conditioning throughout. The building includes seven parking spaces to the front of the building and opposite. We understand more spaces can be used along the side of the building.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Office
Tenure
Long Leasehold
Property Size
2,200 sq ft
Costar Property Class
B
Year Built
1989
Price
£220,000
Price per sq ft
£100
Yield
9.09%
NOI
£20,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,100 sq ft
Plot ratio
0.01
Total Plot Size
9.98 ac
AMENITIES
- Security System
- Accent Lighting
- Storage Space
- Natural Light
- Air Conditioning
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Hercules House | Calleva Park
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