- Modern high specification 936 sq m (10,070 sq ft) office building
- Multi-let to 13 tenants with 66% of the income secured to Built Environment Design Partnership LLP with Shareholders Funds of £972,381
- Located on the 38 acre Fernwood Business Park
- WAULT to expiry of 6.64 years and to break of 3.32 years
- Net Rent £92,107 per annum
We are instructed to seek offers of £910,000 (Nine Hundred and Ten Thousand Pounds), which reflects a net initial yield of 9.58% after purchaser’s costs at 5.65%. Rising to 9.96% on letting Suite 13.