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Hylton Park 18,568 sq ft 100% Let Office Property Sunderland SR5 3HD £2,250,000 (£121.18/sq ft) 8.25% Net Initial Yield
Investment Highlights
- Prominent location on desirable business park
- Excellent transport links nearby
- Excellent transport links with easy access to city centre.
Executive Summary
Multi-Let Office Investment For Sale: Offers of £2,250,000 reflecting an initial yield of 8.25%.
The Freehold site extends to approx. 1.5 acres (0.61 hectares). There are currently 76 car parking spaces.
The Freehold site extends to approx. 1.5 acres (0.61 hectares). There are currently 76 car parking spaces.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
18,568 sq ft
Costar Property Class
C
Year Built
2005
Price
£2,250,000
Price per sq ft
£121.18
Yield
8.25%
NOI
£185,625
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
9,284 sq ft
Floor To Floor Height
12 ft
Plot ratio
0.06
Total Plot Size
6.94 ac
Parking
67 Spaces (3.61 Spaces per 1,000 sq ft Leased)
Amenities
- Accent Lighting
- EPC - C
- Roller Shutters
- Central Heating
- DDA Compliant
- Demised WC facilities
- High Ceilings
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Hylton Park
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