Log In/Sign up
Your email has been sent.
Kelsall House Stafford Park 1 24,732 sq ft Office Property Telford TF3 3BD £2,000,000 (£80.87/sq ft) 9.64% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Modern detached office building extending to approximately 24,732 sq ft (2,297 sq m) over ground, first and second floors
- The current passing rent of £205,000 per annum reflects a low £8.28 per sq ft
- Kelsall House is let in its entirety to Reconomy UK Ltd on a new FRI lease for 10 years expiring March 2035, subject to a tenant break option in 03/30
EXECUTIVE SUMMARY
Instructed to seek offers of £2,000,000 (Two Millions Pounds).
Assuming purchaser’s costs of 6.28% a purchase price at this level reflects: Net Initial Yield of 9.64%.
Assuming purchaser’s costs of 6.28% a purchase price at this level reflects: Net Initial Yield of 9.64%.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
24,732 sq ft
Costar Property Class
B
Year Built
1998
Price
£2,000,000
Price per sq ft
£80.87
Yield
9.64%
NOI
£192,800
Tenancy
Single
Number of Floors
3
Typical Floor Size
9,582 sq ft
Parking
60 Spaces (2.42 Spaces per 1,000 sq ft Leased)
1 1
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Company Not Provided
Kelsall House | Stafford Park 1
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.