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Unit 6 Gigg Mill Old Bristol Rd 1,000 sq ft Office Property Nailsworth GL6 0JP £250,000 (£250/sq ft) 4.94% Net Initial Yield
Investment Highlights
- Approx. 1,000 sq ft of accommodation
- Located in an affluent Gloucestershire town
- Additional income from parking spaces
Executive Summary
This is a freehold office investment opportunity located on the outskirts of Nailsworth, currently generating a gross rental income of £12,360 per annum through a mixture of office licences and parking income. The property benefits from a substantial car park which presents potential for increased revenue and future development, subject to the necessary planning consents. The asset offers a straightforward income-producing investment with additional upside.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
1,000 sq ft
Costar Property Class
C
Year Built
1990
Price
£250,000
Price per sq ft
£250
Yield
4.94%
NOI
£12,350
Tenancy
Single
Number of Floors
1
Typical Floor Size
1,000 sq ft
Plot ratio
0.07
Total Plot Size
0.35 ac
Amenities
- Kitchen
- Demised WC facilities
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Unit 6 Gigg Mill | Old Bristol Rd
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