It is an office building for sale in the business complex in one of the cities in Northern Oxfordshire.
The total area of this two-story building is 732 m².
The building was constructedt in the late 1980s and is situated in the business complex, surrounded by greenery. It has undergone a complete refubrishment in 2015.
There is a parking for 14 cars.
Tenure: Leasehold for 999 years.
The propery is fully leased out to a major tenant.
- Air conditioning;
- Suspended ceilings;
- Raised floors;
- Double glazed windows;
- Separate WCs.
Absolute income is 663,451 £.
The current yield of 8,3%.
Transaction costs of 6%.
Tenant is Weatherbeeta Limited, which specializes in products for horses.
Company's annual turnover exceeds £ 13 million.
The NNN lease agreement is valid until 2022. All operating costs are borne by the tenant.
The property is situated in the business complex, 6 km away from the city center.
There are other tenants in the neighborhood, two roads are 8 km away.