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Unit B1 Methuen South, Methuen Park, Chippenham, SN14 0GT
10,366 Sq Ft / Offices
Withdrawn - Last updated: 03 January 2024
MODERN OFFICE INVESTMENT
Chippenham is an attractive and historic market town with excellent motorway and rail access.
Attractive modern office building totalling 10,366 sq ft over two floors.
The building is held by way of a 999 year Long Leasehold interest at a peppercorn ground rent.
Fully let to SSS Public Safety Ltd on the basis of a new lease expiring on the 5 September 2027, subject to tenant only break option on 21 October 2025.
Low passing rent of £165,856 per annum reflecting £16.00 per sq ft.
The lease is guaranteed by NEC Software Solutions Ltd who are a substantial company with 1260 staff, a turnover of £145 million, pre-tax profits of £41.5 million and shareholders' funds of £204 million.
Seeking offers in the region of in the region of £1,560,000 NIY 10% CV £150 per sq ft.
Key Features
( Agency Pilot Software ref: 111245 )
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