Office building in the county of Buckinghamshire

Photos available on request

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Office building in the county of Buckinghamshire

1,900,000 £
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Total area: 1,240 m² Yield: 11.8%
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Features
  • Absolute return: 263,726 €
  • Land area: 2,600 m²
  • 2-floor building
  • Percentage of the rented area: 100%
  • Number of parking lots: 32

It is an office center in one of the major cities of Buckinghamshire.

Description

The two-storey building with a total area of 1,240 m² was constructed in the 1980s.

The plot of 2,600 m².

There is a parking for 32 cars, 28 places are at the entrance.

Tenure: Leasehold for 99 years.

The property is fully leased out to a major tenant.

Features

  • Suspended ceilings;
  • Wall heaters;
  • Wall and ceiling air-conditioners;
  • WCs for men, women, disabled;
  • Elevator for 8 persons.

Financial performance

Absolute income is 225,600 £.

The current yield of 11,8%.

Purchaser's costs of 6,25%.

Tenants

Tenant is a large housebuilder company with an annual turnover of more than £ 700 million.

The lease agreement is signed for 15 years until 2021. All repairing and insurance costs are borne by the tenant.

Location

The property is situated in the business district.

The nearest motorway is in 1,5 km distance, the city center and railway station are within 3 km distance.

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If this property wasn’t for you, take a look at other office buildings for sale in the United Kingdom.

You can see more office buildings for sale in Buckinghamshire elsewhere on our website.

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Anna Kurianovich
Anna Kurianovich
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