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Minerva House Orchard Way 14,500 sq ft 80% Let Office Property Torquay TQ2 7FA £2,500,000 (£172.41/sq ft)
INVESTMENT HIGHLIGHTS
- Multi Let Office Investment Opportunity
- 56 Car Parking Spaces
- Located in an Established Business park
- Modern Detached Office Building
EXECUTIVE SUMMARY
The freehold of this office investment opportunity is available for the guide price of £2.5 million. he existing passing rent is £207,410 pa which could increase to around £264,000 pa on letting the final second floor suite, which is fully refurbished.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
14,500 sq ft
Costar Property Class
B
Year Built
2010
Price
£2,500,000
Price per sq ft
£172.41
Occupancy Rate
80%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
4,833 sq ft
Plot ratio
0.60
Total Plot Size
0.56 ac
Parking
56 Spaces (3.86 Spaces per 1,000 sq ft Leased)
AMENITIES
- 24 Hour Access
- Security System
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- CONDITION
- AVAILABLE
The accommodation is available on a flexible leasehold basis with incentives available. Rent on application. Suite 2 contains 2 private meeting rooms and a small kitchen.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 2 | 2,863 sq ft | Office | Full Fit-Out | Now |
2nd Fl-Ste 2
| Size |
| 2,863 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 2
| Size | 2,863 sq ft |
| Space Use | Office |
| Condition | Full Fit-Out |
| Available | Now |
The accommodation is available on a flexible leasehold basis with incentives available. Rent on application. Suite 2 contains 2 private meeting rooms and a small kitchen.
1 1
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Minerva House | Orchard Way
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