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Prime Multi-Let City Centre Investment Opportunity
- The property comprises of ground floor retail accommodation with 4 upper floors of Grade A office accommodation totalling 21,775 sq ft (NIA)
- Fully let to a range of established occupiers including Gateley Plc, Millar McCall Wylie, Santander, Ansons and Centra
- WAULT of 6.62 years to lease expiry and 3.43 years to break
- The property benefits from a current Net Income of £439,922 pax
- We are instructed to seek offers in excess of £6,900,000 (Six Million Nine Hundred Thousand Pounds Sterling), exclusive of VAT and subject to contract. A purchase at this level would reflect a Net Initial Yield of 6.00% and a capital value of £317 per sq ft, assuming purchasers costs of 6.65%
- Brochure available upon request
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