Office building in Leicestershire

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Office building in Leicestershire

950,000 £
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Total area: 358 m² Yield: 6.3%
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Features
  • Operating Incomе: 71,580 €
  • 2-floor building

it is an office building in one of the towns in Leicestershire county.

Description

The total area of two-storey building with a basement is 358 m².

There is an office premise on the ground floor, the first floor and the basement are used for as staff and storage rooms.

The building is of brick construction with stone façade a glass frontage. The interior is fitted in accordance with the requirements of the tenant.

Tenure: Freehold.

The property is fully leased out to a major tenant.

Financial performance

Absolute income is 60,150 £.

The current yield of 6,3%.

Transaction costs of 5,7%.

Tenants

The tenant is Lloyds Banking Group PLC, the largest financial group in the UK. Its annual turnover exceeds £ 382 million.

The NNN lease agreement is signed for 10 years until 2023. All operating costs are borne by the tenant.

Location and nearby objects

The property is situated in the city center at the intersection of the pedestrian and shopping streets.

There are many shops, cafes, restaurants and a bus stops in the neighborhood.

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Supermarkets
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Schools
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Cafe and restaurants
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Hospitals
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Airports
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Artem Ezhkov
Real Estate Expert Tranio in Leicestershire
+44 20 3608 1267
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