- 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.