Swan House is a dedicated office building located within the attractive Bosworth Park Estate of solid brickwork construction surmounted by a flat roofing system with parapets. Internally, the property offers office accommodation at ground and first floor level with two wings per floor, with each wing benefitting from communal kitchen facilities. The offices are accessed through a communal entrance to the ground floor and there male and female WC facilities to both floors, along with a passenger lift. The offices benefit from double glazed windows
( Agency Pilot Software ref: 51779 )
Location
Swan House is an office building located within the grounds of Bosworth Hall Hotel, in a prestigious and attractive location within this historic market town. Market Bosworth is a historic town, of considerable charm and character situated 13 miles to the west of Leicester and 7 miles north west of Hinckley, lying at the heart of an area of particularly attractive countryside. The town, which is synonymous with the Battle of Bosworth, is traversed east to west by the B585 which crosses the A447 Hinckley to Coalville road approximately 1 mile to the east. Market Bosworth is an important rural service centre as well as being a tourist centre and a popular residential location.
Accommodation
NIA - 12,157 sq ft (1,129.4 sq m)
Terms
SERVICES We understand all mains services are connected to the subject property. The offices are heated by way of a communal gas fired central heating system.
BUSINESS RATES Tenants are responsible for the payment of business rates in respect of each suite.
TENURE The property is available at an asking price of £2,350,000, subject to the occupational agreements currently in place, reflecting an attractive gross yield of 9% and reversionary gross yield of 10%. The gross rental is £219,500.81 per annum exclusive of VAT and there are two vacant suites. The estimated rental value if fully let is £235,190.51 per annum exclusive of VAT. A full tenancy schedule will be provided to a prospective buyer upon receipt of an acceptable offer. Within the rental the Landlord carries out the following: 1. Maintenance of the main fabric of the building. 2. Insures the buildings (not the tenant's contents). 3. Provision of gas fired central heating and electricity 4. Cleans communal parts, kitchens & toilets
LEGAL COSTS Each party to bear their own legal costs.
ENERGY PERFORMANCE CERTIFICATE EPC rating - D(89)
Specification
- Located within the grounds of the prestigious Bosworth Hall Hotel
- Arranged over two storeys with a large car park
- Passing rent £219,500.81 per annum
- Estimated rental value £235,190.51 per annum