Commercial Property in East of England available for sale
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Commercial Properties for Sale in the East of England

Explore the Latest East of England Commercial Property for Sale - Page 21

More details for 25 Headly St, Cambridge - Office for Sale

The Ironworks - 25 Headly St

Cambridge, CB1 2AZ

  • Office for Sale
  • £325,000
  • 1,196 sq ft
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More details for Low St, Laxfield - Retail for Sale

The White Horse Inn - Low St

Laxfield, IP13 8JR

  • Retail for Sale
  • £750,000
  • 3,488 sq ft
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More details for 170-172 Leigh Rd, Leigh On Sea - Retail for Sale

170-172 Leigh Rd

Leigh On Sea, SS9 1BT

  • Retail for Sale
  • £400,000
  • 2,384 sq ft
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More details for 40-42 Market Pl, Great Yarmouth - Office for Sale

40-42 Market Pl

Great Yarmouth, NR30 1LX

  • Office for Sale
  • £1,250,000
  • 15,362 sq ft
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More details for 36 Market Pl, Fakenham - Retail for Sale

36 Market Pl

Fakenham, NR21 9DA

  • Retail for Sale
  • £300,000
  • 1,380 sq ft
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More details for Mount Pleasant Rd, Wisbech - Industrial for Sale

Mount Pleasant Rd

Wisbech, PE13 3NA

  • Light Industrial for Sale
  • £1,250,000
  • 22,482 sq ft
  • 1 Unit Available
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More details for Hilfield Ln S, Bushey - Office for Sale

Melbury Stables - Hilfield Ln S

Bushey, WD23 4EL

  • Office for Sale
  • £1,500,000
  • 2,741 sq ft
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More details for 13-14 Clifton Rd, Huntingdon - Industrial for Sale

13-14 Clifton Rd

Huntingdon, PE29 7EJ

  • Industrial for Sale
  • £430,000
  • 4,590 sq ft
  • 2 Units Available
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More details for Downham Rd, Outwell - Land for Sale

Parkfield Farm - Downham Rd

Outwell, PE14 8SL

  • Land for Sale
  • £50,000 - £360,000
  • 0.35 - 2.23 ac Plots
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More details for Station Rd, Ampthill - Industrial for Sale

Ampthill Business Park - Station Rd

Ampthill, MK45 2QY

  • Industrial for Sale
  • £1,350,000
  • 9,192 sq ft
  • 1 Unit Available
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More details for 500 Capability Green, Luton - Office for Sale

500 Capability Green

Luton, LU1 3LU

  • Office for Sale
  • £29,095,000
  • 77,723 sq ft
  • Air Conditioning
  • Natural Light
  • Security System
  • 24 Hour Access
  • Kitchen
  • Reception
  • Smoke Detector

Luton Office for Sale

An opportunity to acquire a prime office investment pre-let to an occupier who boasts group revenue in excess of €20bn. The building is scheduled to undergo a substantial refurbishment to provide a Grade A office fully repositioned for the future. The building extends over ground and two upper floors with a full height central atrium entrance. Originally built in 1989, the building commands a strong position on the park, close to the amenity offering, and boasts 416 car parking spaces reflecting a superb ratio of 1:191 sq. ft. TUI Travel Limited have signed an agreement for lease to commence once the refurbishment has completed. This FR&I lease is for a term of 15 years with a fixed rental uplift at the end of year 5 (equivalent to 2% pa compounded growth) and an Open Market Rent Review after year 10. This agreement was based upon the IPMS-3 floor areas with 50% of the reception area rentalised. Offers sought in the region of £29,095,000, subject to contract and exclusive of VAT on either: 1. a forward commitment to purchase the investment upon practical completion of the refurbishment works. 2. a full forward funding basis. A purchase at this level reflects a net initial yield of 7.50% increasing to 8.41% by way of a fixed rental uplift in 5 years’ time. Yields are quoted net of purchaser’s costs at 6.8% although we envisage savings can be achieved via an appropriate funding structure.

Contact:

Cushman & Wakefield

Date on Market:

15/10/2024

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