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Willow-House Wetmore Rd 25,169 sq ft 100% Let Office Property Burton On Trent DE14 1SP £3,650,000 (£145.02/sq ft) 8.20% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Excellent car parking
- Attractive location in Burton-upon-Trent
- Multi-let office investment
EXECUTIVE SUMMARY
Offers Invited in Excess of £3,650,000. All the leases are effectively full repairing and insuring (FRI), with the landlord maintaining the main structure and communal areas, and reclaiming the costs of the same, including management and insurance, by way of a service charge.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Property Size
25,169 sq ft
Costar Property Class
B
Year Built
1970
Price
£3,650,000
Price per sq ft
£145.02
Yield
8.20%
NOI
£299,286
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
12,585 sq ft
Plot ratio
0.32
Total Plot Size
1.82 ac
Parking
102 Spaces (4.05 Spaces per 1,000 sq ft Leased)
AMENITIES
- Security System
- Signage
- Fully Carpeted
- Monument Signage
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Willow-House Wetmore Rd
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