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Clifford Court, Cooper Way, Parkhouse Business Park, Carlisle

  • Located in the city of Carlisle the regional and commercial centre of Cumbria
  • Situated at Junction 44 of the M6
  • Modern multi-let office accommodation
  • 6 separate buildings let to a mix of tenants
  • Property totals 1,023.78 sq m (11,020 sq ft) with range of building sizes from 1,640 sq ft to 2,220 sq ft
  • Currently let to 11 tenants with a net income of £116,498 per annum

We are instructed to seek offers in excess of £1,150,000 (One Million One Hundred and Fifty Thousand Pounds) which reflects a net initial yield of 10.54% after purchaser’s costs of 5.8%, and a triple net yield of 9.57%. This reflects a capital value of only £104.35 per sq ft.