Office in Porthtowan available for sale
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Office Properties for Sale near Porthtowan

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Office Properties for Sale Within 10 miles of the Porthtowan

More details for Peter St, Yeovil - Office for Sale

Broadway House - Peter St

Yeovil, BA20 1PN

  • Office for Sale
  • £280,000
  • 3,109 sq ft
  • Energy Performance: E
  • Natural Light

Yeovil Office for Sale

Investment for sale at £280,000. The property comprises a 3 storey building. It is irregular in layout. On the ground floor is a self-contained retail unit let to the Somerset and Dorset Family History Society (SDFHS). To the rear of the ground floor is a self-contained ground floor flat which is not included in the sale. The upper parts comprise a further self contained office suite also let to the SDFHS. The adjoining occupier being Whitecross Dental Care Ltd occupy part of the property, but which is accessed from their own property by way of interconnecting doors at first and second floor levels. Whitecross Dental Care Ltd are a significant business with a Low Risk Credit Score and turnover in excess of £350m. The Somerset and Dorset Family History Society are a local long established and well regarded community interest group. Floor plans are available to download from our website. Tenure: The property is let by way of 3 leases/2 tenants at a rent of £25,500 pa. The Whitecross lease expires in 2033 and the SDFHS leases expire in 2028. Further details are available on application including credit reports where applicable. The property is located in the centre of town in a strong secondary trading location. It is ideally located for the town centre car parks and a short walk from the Quedam shopping centre. Peter Street is readily accessed off South Street and parallel and to the south of Middle Street. The property is opposite the Peter Street Public Car Park. The property is in close proximity to a number of long established Yeovil occupiers including Loders Butchers and the Union Street Brasserie.

Contact:

Chesters Harcourt

Date on Market:

22/07/2025
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FAQs About Office Buildings For Sale in Porthtowan

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How many office buildings are currently available for sale in Porthtowan?
There are currently 0 office properties available for sale. Sizes range from to , with an average size of. Available opportunities may include owner-occupied offices, investment assets and multi-let office buildings.
How much does office property cost in Porthtowan?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values vary depending on location, building quality, tenancy profile, specification and local market demand.
What factors influence office property values?
Office values are influenced by location, building specification, lease terms, tenant quality, occupancy levels, accessibility and market demand. Modern, well-located buildings with strong tenant covenants often attract greater buyer interest.
What sizes of office buildings are available?
Available properties range from to , with an average size of. Opportunities may suit owner-occupiers looking for dedicated premises, as well as investors seeking larger multi-let assets.
Can I buy an office building for my own business?
Yes. Many businesses choose to purchase office premises to gain long-term control over occupancy costs and avoid future lease negotiations. Ownership may also provide the opportunity to benefit from future capital appreciation.
What types of tenants occupy office buildings?
Office occupiers can include professional services firms, technology companies, financial institutions, public sector organisations, healthcare providers and creative businesses. Tenant quality and lease structure are often important considerations for investors.
What is the difference between a vacant office and an investment property?
A vacant office may appeal to owner-occupiers or investors seeking refurbishment opportunities. An investment property is typically sold with tenants already in place, providing an established income stream from the date of purchase.
Can office buildings be refurbished or repositioned?
Many buyers seek opportunities to improve office assets through refurbishment, modernisation or reconfiguration. Upgrading facilities, improving energy performance and creating more flexible layouts can enhance occupier appeal and long-term value.
What ESG considerations are important when buying office property?
Energy efficiency, EPC ratings, sustainability credentials, natural light, ventilation and access to public transport are becoming increasingly important. Buildings with strong environmental performance may be more attractive to occupiers and investors alike.
What due diligence should I carry out before buying?
Due diligence should include reviewing leases, title documents, service charge information, tenant covenant strength, planning permissions, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Office Properties for Sale in the Porthtowan

You searched for office buildings for sale in Porthtowan. Explore 0 listings from leading agents on LoopNet. Whether you're seeking office properties to expand your portfolio, establish a headquarters, or secure a prime investment opportunity, LoopNet provides a diverse selection to meet your needs. Each listing offers detailed information on building features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of office investment properties worldwide, LoopNet is your trusted partner in finding the perfect office investment.

Key Factors to Consider When Investing in an Office Building

Investing in an office building can be a lucrative venture, but it requires careful evaluation. Here are the most important factors to consider:

  • Location & Accessibility
    • Prime locations with strong demand offer higher rental yields.
    • Proximity to public transport, major roads, and amenities increases tenant appeal.
  • Tenant Demand & Occupancy Rates
    • Analyse market demand for office space in the area.
    • Check vacancy rates and existing long-term leases.
  • Rental Yield & Return on Investment (ROI)
    • Compare rental income vs. property price to assess profitability.
    • Consider potential for rental growth over time.
  • Property Condition & Age
    • Older buildings may require costly renovations.
    • Modern buildings with energy-efficient features attract premium tenants.
  • Market Trends & Economic Conditions
    • Evaluate office space demand, remote work trends, and business growth in the area.
    • Check local economic stability and corporate presence.
  • Building Amenities & Features
    • High-speed internet, parking, security, and sustainability features boost property value.
    • Shared meeting rooms and flexible layouts attract a broader tenant base.
  • Legal & Planning Permission
    • Ensure compliance with local planning laws and building codes.
    • Understand lease structures and tenant obligations.
  • Maintenance & Management Costs
    • Factor in ongoing maintenance, property management fees, and service charges.
    • A well-managed building retains tenants and minimizes turnover costs.
  • Future Development & Infrastructure
    • Nearby upcoming developments can impact demand and property value.
    • Infrastructure projects like new transport links can enhance desirability.
  • Exit Strategy
    • Consider long-term value appreciation and potential resale opportunities.
    • Analyse liquidity in the commercial property market.

By carefully evaluating these factors, you can make a more informed investment decision and maximise returns on your office building purchase.

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