Commercial property for sale in Holloway House, Epsom Square, White Horse Business Park, Trowbridge, Wiltshire BA14, £900,000

900,000.00

Offer Nr.:
63801214
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Carter Jonas
Phone(s):
0117 295 7700

* Leasehold
* The property has an assessment of C - 66.
High Yielding Multi Let Office Investment Opportunity.
Summary:
\ - Situated on White Horse Business Park, West Wiltshire's premier business
park.
\ - Modern two storey office building providing a total NIA of 8, 032 Sq Ft.
\ - Held long leasehold on a 999 - year lease at a peppercorn from 24th June
2001.
\ - Fully let to three tenants; Wiltshire Friendly; Acheson & Acheson; Medvivo.
\ - Currently producing £80, 320 per annum (£10 per Sq Ft).
\ - We are instructed to seek offers in excess of £900, 000 reflecting an
attractive net initial yield of 8. 45% assuming purchasers' costs of 5. 63%.
\ - A purchase at this level reflects a low capital value of £112. 05 per Sq Ft.
Holloway House is a two storey, self - contained office building of traditional
steel portal frame construction with profile steel elevations under a pitched
profile metal sheet roof. Constructed in the 1990s to a high specification and
includes:
\ - Full height glazed entrance foyer
\ - Four person passenger lift
\ - Air conditioning
\ - Fully accessible raised floors
\ - WCs on each floor
\ - Attractive parkland setting with well - maintained landscaped areas
The property includes 38 car spaces providing an excellent parking ratio of
1: 211 Sq Ft.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)