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Peppercorn Clos 4,150 sq ft Office Unit Offered at £525,000 in Peterborough PE1 2DU
INVESTMENT HIGHLIGHTS
- Prominent Business Location
- High Ceilings
- Solid Transport Links
EXECUTIVE SUMMARY
4 Blenheim Court is a modern office building. The property is arranged over ground and first floors
PROPERTY FACTS
| Total Property Size | 28,443 sq ft | Typical Floor Size | 3,570 sq ft |
| Property Type | Office (Unit) | Year Built | 1985 |
| Costar Property Class | B | Total Plot Size | 0.21 ac |
| Floors | 2 | Parking Allocation | 0.46/1,000 sq ft |
| Total Property Size | 28,443 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 3,570 sq ft |
| Year Built | 1985 |
| Total Plot Size | 0.21 ac |
| Parking Allocation | 0.46/1,000 sq ft |
AMENITIES
- Bus Route
- Controlled Access
- Security System
- Signage
- Accent Lighting
- EPC - D
- Storage Space
1 UNIT AVAILABLE
Unit 4
| Unit Size | 4,150 sq ft | Sale Type | Investment |
| Price | £525,000 | Tenure | Freehold |
| Price Per sq ft | £126.51 | Net Initial Yield | 10.29% |
| Unit Use | Office | NOI | £54,022.50 |
| Unit Size | 4,150 sq ft |
| Price | £525,000 |
| Price Per sq ft | £126.51 |
| Unit Use | Office |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 10.29% |
| NOI | £54,022.50 |
DESCRIPTION
4 Blenheim Court is a modern office building providing a number of small office suites let on an ‘all-inclusive’ basis. The property is arranged over ground and first floors and provides a total of 19 suites ranging in size from 108 sq ft to 463 sq ft. The building provides communal WC and kitchen facilities, a pre-bookable
meeting room, gas fired central heating, comfort cooling to some suites, LED lighting and perimeter trunking, an entry phone system, wi-fi, and allocated parking.
SALE NOTES
Current gross income is £61,704 per annum. ERV when fully let is £77,484 per annum. Net income for year ending September 2025 was £56,618.98. A copy of the Income and Expenditure Statement for 2023/4 and 2024/5 is available upon
request. £525,000 for the freehold interest subject to the existing tenancies, representing a Net Initial Yield of 10.29% after an allowance for purchasers costs.
Presented by
Peppercorn Clos
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