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Solid, Single Let Office Investment

Featured Sale
15 Forest Business Park, Bardon Hill, Leicestershire, ,
Featured Sale

Solid, Single Let Office Investment

15 Forest Business Park, Bardon Hill, Leicestershire, ,

Description

  • Modern three storey office constructed in 2006
  • Extends to 16,839 sq ft
  • Let to BDW Trading Limited from 29 May 2019
  • Barratt Developments Plc as Guarantor
  • Unexpired term of approximately nine years to expiry (four years to break). Rental income of £180,000 per annum (only £10.69 per sq ft overall)
  • 62 Car parking spaces
  • Tenant been in occupation since construction in 2006
  • Lighting recently upgraded by tenant to LED
  • Freehold
  • Offers sought in excess of £1,945,000 (One Million Nine Hundred and Forty Five Thousand Pounds) reflecting an attractive Net Initial Yield of c.8.71% and low capital value of c.£115.50 per sq ft

Tenure:Tenure: Freehold 
For Sale £1,945,000 offers in the reg ion

Details

Updated on June 24, 2021 at 12:44 pm
  • Property Size: 16839 Sq ft
  • Property Type: Commercial
  • Property Status: Sale

Overview

  • Commercial
  • Property Type
  • 16839
  • Sq ft

Contact Information

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Alex Darlington

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