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Holloway House Epsom Square, White Horse Business , Trowbridge, BA14 0XG

8,032 Sq Ft / Other

For Sale - £900,000.00

Under Offer - Last updated: 19 November 2024

High Yielding Multi Let Office Investment Opportunity.
and lt;br / and gt;
and lt;br / and gt;Summary:
and lt;br / and gt;- Situated on White Horse Business Park, West Wiltshire's premier business park.
and lt;br / and gt;- Modern two storey office building providing a total NIA of 8,032 Sq Ft.
and lt;br / and gt;- Held long leasehold on a 999-year lease at a peppercorn from 24th June 2001.
and lt;br / and gt;- Fully let to three tenants; Wiltshire Friendly; Acheson and Acheson; Medvivo.
and lt;br / and gt;- Currently producing and #163;80,320 per annum ( and #163;10 per Sq Ft).
and lt;br / and gt;- We are instructed to seek offers in excess of and #163;900,000 reflecting an attractive net initial yield of 8.45% assuming purchasers' costs of 5.63%.
and lt;br / and gt;- A purchase at this level reflects a low capital value of and #163;112.05 per Sq Ft.
and lt;br / and gt;
and lt;br / and gt;
and lt;br / and gt;Holloway House is a two storey, self-contained office building of traditional steel portal frame construction with profile steel elevations under a pitched profile metal sheet roof. Constructed in the 1990s to a high specification and includes:
and lt;br / and gt;
and lt;br / and gt;- Full height glazed entrance foyer
and lt;br / and gt;- Four person passenger lift
and lt;br / and gt;- Air conditioning
and lt;br / and gt;- Fully accessible raised floors
and lt;br / and gt;- WCs on each floor
and lt;br / and gt;- Attractive parkland setting with well-maintained landscaped areas
and lt;br / and gt;
and lt;br / and gt;The property includes 38 car spaces providing an excellent parking ratio of 1:211 Sq Ft.
( Agency Pilot Software ref: 20012288 )

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £900,000.00 NA

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Colin Scragg

Carter Jonas LLP

01225 220238

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