Property Information
Address:
Sunley House, Middle Row, Maidstone, Kent
, ME141TG
, Kent
, United Kingdom
Price: Sale Price: £1,100,000
Size: 5050 sq ft469 sqm
Primary Category: Land
All Categories:
Investment, Land, Office,
Property Ref/Movehut: MH639197
Property Ref/Agent: 518
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 8, 2024
Property description
Prominent and newly refurbished town centre office building.
Virtual freehold - 999 year lease from 17 January 2018.
£122,244 pa current gross rental income.
rental ERV £175,873 pa.
Capital Allowances available in excess of £250,000.
Residential development 'not objectionable' by local authority.
Single asset company share purchase available.
Offers sought in excess of £1,100,000 ex VAT, equivalent to a
gross initial yield of 10.86% ex VAT and net of 2.3%
purchaser's costs.
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