• Anopportunity to acquire an office investment on Warrington’s best business park
• Two storey detached office building totalling 6,364 sq. ft. with 40 car parking spaces
• The building is multi let and producing a currentrent passing of £111,932 pa with the 40 car spaces inclusive
• 72% of the income is subject to annual RPI rent review uplifts (2% - 5% pa)
• The building has recently undergone a comprehensive refurbishment
• Tenants include Maris Seafoods Limited, Global Personnel Group Limited and CD Arevon UK Limited
• Whole of the ground floorlet during lockdown
• All payments have been made in full and on time since lease commencement and throughout the Covid lockdown
• Freehold
Location
Ibis House is situated on the established Centre Park, which is within walking distance of Warrington Town Centre. Centre Park is a modern business park, home to many large, successful companies, situated in a stunning and peaceful location surrounding a large, well maintained lake. The park is also within walking distance of both Warrington's Bank Quay and Warrington Central Railway stations and Warrington Interchange Bus Terminal. Ibis House also has links to the national motorway network, with access to J9 M62 (3 miles north onA49), J21M6 (4 miles eastonA57 ManchesterRoad) andJ10M56 (4 miles south onA49).
Accommodation
Ibis House has been comprehensively refurbished to offer modern studio space benefitting from:
• Open floor plan
• Fully raised access floors
• New LED lighting
• New air conditioning system, including heating and cooling
• New Dyson hand dryers
• New feature reception and external LED lighting
• Floor box power/data access
• New kitchen facilities
• New floor coverings throughout including Amtico flooring to WCs and kitchens
• New audio, doorentry, intercom system
• 40 dedicated on site secure parking spaces
• Landscaped grounds
• New automated barrier system
Specification
We have been provided with the following net internal area.
The property was measured in accordance with the RICS Code of Measuring Practice 6th Edition.
Studio Sq.ft Sq.m
A 1,591 147.8
B 1,591 147.8
C 1,442 133.9
D 1,740 161.7
Total 6,364 591.2