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Sperry Way 6,450 sq ft 100% Let Office Property Stonehouse GL10 3UT £1,225,000 (£189.92/sq ft) 8.95% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Modern two storey semi detached property
- High quality office space
- Developed in 2006
EXECUTIVE SUMMARY
Seeking offers in the region of £1,225,000 (One Million, Two Hundred and Twenty-Five Thousand Pounds) - Subject to Contract.
A purchase at this level would reflect a net initial yield of 8.95% assuming standard purchaser’s costs of 5.94%
A purchase at this level would reflect a net initial yield of 8.95% assuming standard purchaser’s costs of 5.94%
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Property Subtype
Office / Residential
Property Size
6,450 sq ft
Costar Property Class
B
Year Built
2010
Price
£1,225,000
Price per sq ft
£189.92
Yield
8.95%
NOI
£109,638
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,225 sq ft
Plot ratio
0.09
Total Plot Size
1.58 ac
Parking
16 Spaces (2.48 Spaces per 1,000 sq ft Leased)
AMENITIES
- Air Conditioning
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Sperry Way
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