Office building in Oxfordshire

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Office building in Oxfordshire

1,075,000 £
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Total area: 732 m² Yield: 8.3%
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Features
  • Operating Incomе: 105,605 €
  • 2-floor building
  • Occupancy: 100%
  • Number of parking lots: 14
  • Most recent total renovation: 2015

It is an office building for sale in the business complex in one of the cities in Northern Oxfordshire.

Description

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.

Features

  • Air conditioning;
  • Suspended ceilings;
  • Raised floors;
  • Double glazed windows;
  • Separate WCs.

Financial performance

Absolute income is 663,451 £.

The current yield of 8,3%.

Transaction costs of 6%.

Tenants

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.

Location

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.

More properties

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 Oxfordshire elsewhere on our website.

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Anna Kurianovich
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