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Royal Albert House Sheet St 13,906 sq ft 100% Let Office Property Windsor SL4 1BE £5,500,000 (£395.51/sq ft) 7.85% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Future asset management to lease up one floor which will become vacant over the summer.
- The property extends to 13,906 sq ft over lower ground, ground and three upper floors .
- Total passing rent of £460,377 per annum, reflecting £33.10 per sq ft .
EXECUTIVE SUMMARY
Prominently positioned office building located in central Windsor, within the Royal Borough of Windsor and Maidenhead.
The property is located approximately 0.2 miles to the south of Windsor Castle, one of the most prominent royal residences in the UK.
The property extends to 13,906 sq ft over lower ground, ground and three upper floors
.
Fully let to four tenants, with a WAULT of 1.8 years to break and 3.4 years to expiry.
Total passing rent of £460,377 per annum, reflecting £33.10 per sq ft
.
Future asset management to lease up one floor which will become vacant over the summer.
The property is located approximately 0.2 miles to the south of Windsor Castle, one of the most prominent royal residences in the UK.
The property extends to 13,906 sq ft over lower ground, ground and three upper floors
.
Fully let to four tenants, with a WAULT of 1.8 years to break and 3.4 years to expiry.
Total passing rent of £460,377 per annum, reflecting £33.10 per sq ft
.
Future asset management to lease up one floor which will become vacant over the summer.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
13,906 sq ft
Costar Property Class
B
Year Built
1977
Price
£5,500,000
Price per sq ft
£395.51
Yield
7.85%
NOI
£431,750
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
2,781 sq ft
Plot ratio
3.19
Total Plot Size
0.10 ac
Parking
31 Spaces (2.23 Spaces per 1,000 sq ft Leased)
AMENITIES
- Security System
- Reception
- Lift Access
- Suspended Ceilings
- Air Conditioning
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Royal Albert House | Sheet St
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