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Stokes House Market Sq 5,219 sq ft 100% Let Office Property Crewkerne TA18 7LH £360,000 (£68.98/sq ft) 8.47% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Three storey building with parking
- Current income: £30,500 per annum
- Town centre commercial investment
EXECUTIVE SUMMARY
Stokes House is a Grade II listed, three storey office building currently occupied by Everys Solicitors. The premises provide a mix of cellular and open plan offices, stores, kitchen and WC facilities. The offices are fitted with single glazed windows, carpets, compliant lighting and electric heating. The building benefits from off street parking for approximately 5 cars. Additional car parking spaces may be available by separate negotiation.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
5,219 sq ft
Costar Property Class
C
Year Built
1900
Price
£360,000
Price per sq ft
£68.98
Yield
8.47%
NOI
£30,500
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
1,740 sq ft
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Stokes House | Market Sq
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