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Priam House Kemble Dr 6,877 sq ft 100% Let Office Property Swindon SN2 2EH £1,680,000 (£244.29/sq ft) 7.14% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • HIGH QUALITY BREAK OUT/RESTURANT AREA FEATURING WOODEN FLOOR, KITCHENETTE FACILITIES AND GAMES AREA
  • 26 ALLOCATED CAR PARKING SPACES IN SECURE CAR PARK TO THE REAR OF THE PROPERTY
  • SEPARATE FRONT AND REAR PEDESTRIAN ACCESS POINTS

EXECUTIVE SUMMARY

Prime investment opportunity. Reversionary office investment with rent review in March 2024. Current rent passing of £120,000 per annum exclusive.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
6,877 sq ft
Costar Property Class
B
Year Built
2012
Price
£1,680,000
Price per sq ft
£244.29
Yield
7.14%
NOI
£120,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
1,719 sq ft
Parking
30 Spaces (4.36 Spaces per 1,000 sq ft Leased)

AMENITIES

  • Air Conditioning
  • Listing ID: 26726790

  • Date on Market: 28/09/2022

  • Last Updated:

  • Address: Kemble Dr, Swindon SN2 2EH

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