Christopher Dee logo
Armstrong House
Sold

Armstrong House

First Avenue, Doncaster, South Yorkshire DN9 3GA

  • Well located office property within curtilage of GatewayEast - a 1,600 acre development site anchored by Doncaster Sheffield Airport and providing over 11m sq ft of existing property and development opportunities.

  • Rapid road access to the motorway network via the recently completed Great Yorkshire Way which connects with Junction 3 of the M18.

  • Five major motorways are within 20 minutes of the property.

  • Two storey office property with substantial car park and scope for improvement through active asset management.

  • 36,000 sq ft detached two storey office building on large site.

  • Multi let to a variety of occupiers on short term all-inclusive licence agreements, with limited vacancy and low total occupational costs.

  • Current net rent of £186,851.80 pa which reflects a very low base rent of £5.19 psf.

  • Offers in excess of £2,100,000 ie 8.37% net initial yield and only £58 psf capital value.

Viewing and further information

Profile photograph of Chris Bathurst

Chris Bathurst

Partner

+44 (0)7957 138 003

cb@christopherdee.co.uk
LinkedIn logo vcard logo

Subscribe

Sign up to receive all our latest investment opportunities:

Find us on LinkedIn LinkedIn logo