Multi-let business space investment
Prominently located off the A57 and 3 miles from junction 1 of the M1
Immediately adjacent to Drakehouse Retail Park and Crystal Peaks Shopping Centre
2 standalone office buildings together with a hybrid industrial/office unit extending to 20,313 sq ft on a site of 2.19 acres
Modern accommodation constructed in 2005
Freehold
Total 'topped up' rent of £192,397 per annum, equating to just £9.47 psf
ERV of £197,537 per annum
AWULT to expiry of 8.2 years (3.5 years to break)
We are instructed to seek offers in excess of £1,500,000 (STC),which reflects the following yield profile:-
12.10% NIY
12.42% Rev Yield
Low capital value of just £74 psf
