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Harbourview Development Cromwell St 8,011 sq ft 69% Let Office Property Stornoway HS1 2DF £475,000 (£59.29/sq ft) 8.49% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Multi-let on fri lease lease terms
- Asset management opportunities
- Attractive blend of covenants
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Kitchen
- Storage Space
ABOUT CROMWELL ST , STORNOWAY, WIS HS1 2DF
The subjects are located in the centre of town adjacent to Stornoway Harbour on the west side of Cromwell Street (A857) with a pleasant outlook and views across the Harbour and beyond. The property benefits from car parking directly adjacent to the building.
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
- Stornoway Gazette (Johnston Publishing Ltd)
- -
- 670 sq ft
- -
- TBD
- -
- Wallace Stone
- -
- 1,257 sq ft
- £5.80
- -
- Mar 2024
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
| Stornoway Gazette (Johnston Publishing Ltd) | - | 670 sq ft | - | TBD | - | |
| Wallace Stone | - | 1,257 sq ft | £5.80 | - | Mar 2024 |
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- CONDITION
- AVAILABLE
The subjects are located in the centre of town adjacent to Stornoway Harbour on the west side of Cromwell Street (A857) with a pleasant outlook and views across the harbour and beyond. The property benefits from car parking directly adjacent to the building. Occupiers within the building include NFU Mutual, NHS Western Isles, Mast-Ard Studio Ltd, Anderson Associates, Wallace Stone LLP and the Blue Lobster Café.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 2,463 sq ft | Office | Shell And Core | Now |
2nd Floor
| Size |
| 2,463 sq ft |
| Space Use |
| Office |
| Condition |
| Shell And Core |
| Available |
| Now |
2nd Floor
| Size | 2,463 sq ft |
| Space Use | Office |
| Condition | Shell And Core |
| Available | Now |
The subjects are located in the centre of town adjacent to Stornoway Harbour on the west side of Cromwell Street (A857) with a pleasant outlook and views across the harbour and beyond. The property benefits from car parking directly adjacent to the building. Occupiers within the building include NFU Mutual, NHS Western Isles, Mast-Ard Studio Ltd, Anderson Associates, Wallace Stone LLP and the Blue Lobster Café.
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Harbourview Development | Cromwell St
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