- Circa 33,000 sq ft multi let business centre.
- Sits on a 4 acre site with large yard and undeveloped ground.
- Current rent roll of £73,512.
- Sale price at £700,000 shows NIY of 9.44% after deduction of non-recoverable costs.
- Low capital cost of circa £22psf and low site coverage.
- Very low passing rents with considerable scope to increase
- Various tenants expressed interest in re-gearing.
- Redevelopment / refurbishment angles and considerable active management potential.
- Adjacent 4 acre site can be added subject to separate agreement on price.
