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Sterte Ave W - North, East And West House 1,860 sq ft Office Unit Offered at £250,000 in Poole BH15 2BX
Investment Highlights
- Communal entrance lobby
- Fitted kitchens on each floor
- Ducted under floor trunking
Executive Summary
The property forms part of an attractive modern Business Park immediately adjacent Hole Bay Road (A350) which offers excellent road links to the A35 trunk road, Poole Ferry and freight terminals, Poole main line Railway station and the Town Centre all of which are within half a mile’s walking distance. The East House, constructed in 2005 is the middle property of 3 individual office buildings.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Net Initial Yield | 8.00% |
| Sale Type | Investment |
| Net Initial Yield | 8.00% |
| Tenure | Long Leasehold |
Description
First floor let on a 3 year lease from April 2024 at a current rent of £20,000 pax rising to £21,00 in April 2026.
Sale Notes
Sold with occupational lease, rent currently £20,000 per annum exclusive.
Price £250,000
Price £250,000
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 1st- East House | 1,860 sq ft | Office | £250,000 (£134.41/sq ft) | £20,000 |
Unit 1st- East House
| Unit Size |
| 1,860 sq ft |
| Unit Use |
| Office |
| Price |
| £250,000 (£134.41/sq ft) |
| NOI |
| £20,000 |
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Unit 1st- East House
| Unit Size | 1,860 sq ft |
| Unit Use | Office |
| Price | £250,000 (£134.41/sq ft) |
| NOI | £20,000 |
| Sale Type | Investment |
| Net Initial Yield | 8.00% |
| Tenure | Long Leasehold |
| Description | |
| First floor let on a 3 year lease from April 2024 at a current rent of £20,000 pax rising to £21,00 in April 2026.</li></ul> | |
| Sale Notes | |
| Sold with occupational lease, rent currently £20,000 per annum exclusive.<br> Price £250,000</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 10,692 sq ft | Typical Floor Size | 5,346 sq ft |
| Property Type | Office (Unit) | Year Built | 2001 |
| Costar Property Class | B | Parking Allocation | 0.94/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 10,692 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 5,346 sq ft |
| Year Built | 2001 |
| Parking Allocation | 0.94/1,000 sq ft |
Amenities
- Security System
- Accent Lighting
- Air Conditioning
- Raised Floor System
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1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Sterte Ave W - North, East And West House
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