* Freehold
**Key Points**
* Opportunity to acquire a high yielding office investment, in a well established business park.
* Well located on the M4 corridor with excellent transport links being adjacent to the A48 and J28 of the M4 Motorway.
* Situated in the established Cleppa Park with nearby occupiers including Airbus, Lloyds Bank and Steria Ltd.
* 43, 176 sq ft arranged in two office buildings.
* → Current rent of £259, 570 per annum reflecting very low rent of £6. 01 psf.
* Seeking offers in excess of £2, 710, 000 (Two Million, Seven Hundred and Ten Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive Net Initial Yield of 8. 95% (assuming purchaser’s costs of 6. 98%) and a low capital value of £62 psf (below replacement value).
**Description**
Opportunity to acquire a high yielding office investment, in a well
established business park.
Well located on the M4 corridor with excellent transport links being adjacent
to the A48 and J28 of the M4 Motorway.
Situated in the established Cleppa Park with nearby occupiers including
Airbus, Lloyds Bank and Steria Ltd.
43, 176 sq ft arranged in two office buildings.
Current rent of £259, 570 per annum reflecting very low rent of £6. 01 psf.
Seeking offers in excess of £2, 710, 000 (Two Million, Seven Hundred and Ten
Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this
level reflects an attractive Net Initial Yield of 9. 00% (assuming purchaser’s
costs of 6. 41%) and a low capital value of £62 psf (below replacement value).

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