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  • Modern high specification 209.03 sq m (2,250 sq ft) office building
  • Let to J&D Pierce (Contracts) Ltd
  • Located on the 92,900 sq m (1,000,000 sq ft) Scarborough Business Park
  • New 6 year lease from 24th April 2018 (break April 2021)
  • Rent £24,750 per annum (£11.00 per sq ft)

We are instructed to seek offers of £275,000 (Two Hundred and Seventy Five Thousand Pounds), which reflects a net initial yield of 8.75% after purchaser’s costs at 2.98%.