Commercial property for sale in County Gate, County Way, Trowbridge, Wiltshire BA14, £2,100,000
2,100,000.00
Offer Nr.:
63940106
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Carter Jonas
Phone(s):
0117 295 7700
Email:
* Freehold
* Ground & First Floor: Awaiting assessment. Second Floor: B (33) Third Floor: Awaiting assessment.
Modern Multi - Let Office InvestmentOpportunity
investment summary:
\ - Landmark Building situated in a prominent location on edge of town centre
location.
\ - Modern four storey office building providinga total NIA of 14, 644 sq ft
with on site parking for 35 cars
\ - Freehold
\ - Full let to three tenants; BSquare emea Ltd, Monahans llp and Atkins Ltd
\ - Currentlyproducing £141, 125 per annum rising to £166, 750 pa from Dec 2023
(£11. 28 per sq ft average)
\ - We are instructed to seek offers in excess of £2, 100, 000reflecting an
attractive net initial yield of 7. 43% assuming purchasers' costs of 6. 30%.
\ - WAULT till lease expiry 7. 70 years; till break 3. 17 years
\ - A purchaseat this level reflects a low capital value of £136. 20 per sq ft
description:
County Gate is a striking four storey building, constructed of brick and
glazed elevationsunder a pitched roof. Constructed in 2005 to a high
specification and includes:
\ - Passenger (8 person) lift
\ - Ladies and gents WC's on each floor
\ - Full heightglazed entrance foyer
\ - Air conditioning
\ - Fully accessible raised floors
\ - Suspended ceilings
Trowbridge is the county town of Wiltshire and is locatedapproximately 13
miles south - east of Bath, 40 miles south - west of Swindon and 33 miles north -
east of Salisbury. The town has direct access tot he A350 which inturn links
with Junction 17 of the M4 approximately 20 miles to the north.
Neighbouring towns of Frome, Chippenham and the city of Bath are all within a
20 - minutedrive of Trowbridge with Bristol and Swindon accessible in under an
hour.
Situation:
The property is situated in a prominent location on County Way /Longbridge
Roundabout junction being south of Trowbridge town centre but within easy
walking distance of the town centre amenities, to include St Stephens Place
and theShires Shopping Centre; County Hall and Trowbridge Railway Station.
* Ground & First Floor: Awaiting assessment. Second Floor: B (33) Third Floor: Awaiting assessment.
Modern Multi - Let Office Investment
investment summary:
\ - Landmark Building situated in a prominent location on edge of town centre
location.
\ - Modern four storey office building providing
with on site parking for 35 cars
\ - Freehold
\ - Full let to three tenants; BSquare emea Ltd, Monahans llp and Atkins Ltd
\ - Currently
(£11. 28 per sq ft average)
\ - We are instructed to seek offers in excess of £2, 100, 000
attractive net initial yield of 7. 43% assuming purchasers' costs of 6. 30%.
\ - WAULT till lease expiry 7. 70 years; till break 3. 17 years
\ - A purchase
description:
County Gate is a striking four storey building, constructed of brick and
glazed elevations
specification and includes:
\ - Passenger (8 person) lift
\ - Ladies and gents WC's on each floor
\ - Full height
\ - Air conditioning
\ - Fully accessible raised floors
\ - Suspended ceilings
Trowbridge is the county town of Wiltshire and is located
miles south - east of Bath, 40 miles south - west of Swindon and 33 miles north -
east of Salisbury. The town has direct access tot he A350 which in
with Junction 17 of the M4 approximately 20 miles to the north.
Neighbouring towns of Frome, Chippenham and the city of Bath are all within a
20 - minute
hour.
Situation:
The property is situated in a prominent location on County Way /
Roundabout junction being south of Trowbridge town centre but within easy
walking distance of the town centre amenities, to include St Stephens Place
and the
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