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Ibis House Ibis Ct 6,364 sq ft Office Property Warrington WA1 1RL £1,400,000 (£219.99/sq ft) 7.42% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Excellent links to the national motorway network
- Within walking distance of Warrington Town Centre
- Liverpool and Manchester Airports within 13 miles
EXECUTIVE SUMMARY
Offers in excess of £1,400,000 (One Million and Four Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive Net Initial Yield of 7.96%, assuming purchaser’s costs of 6.05%
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
6,364 sq ft
Costar Property Class
B
Year Built
2002
Price
£1,400,000
Price per sq ft
£219.99
Yield
7.42%
NOI
£103,880
Tenancy
Single
Number of Floors
2
Typical Floor Size
3,112 sq ft
Plot ratio
0.64
Total Plot Size
0.23 ac
Parking
40 Spaces (6.4 Spaces per 1,000 sq ft Leased)
AMENITIES
- Raised Floor
- Security System
- EPC - C
- Central Heating
- Air Conditioning
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Ibis House | Ibis Ct
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