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Wisteria House Market Sq 3,389 sq ft 100% Let Office Property Petworth GU28 0AH £520,000 (£153.44/sq ft) 5.05% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Grade II listed building
- Situated in the centre of Petworth, on market square
- Let on a long lease to a firm of solicitors
EXECUTIVE SUMMARY
The property comprises a Grade II Listed, substantial three-storey period building, which was originally built in the 1700’s. Internally, the building is currently configured as self-contained office, over ground, first and second floors, together with a basement. Externally, the building benefits from a rear garden, with direct access from the Market Square, and pedestrian access from Trumpers Lane. Within the garden is a small timber structure (referred to as ‘the barn’), which is used for file storage.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
3,389 sq ft
Costar Property Class
B
Year Built
1700
Price
£520,000
Price per sq ft
£153.44
Yield
5.05%
NOI
£26,250
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
1,130 sq ft
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Wisteria House | Market Sq
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