8 storey office building providing a total floor area of 24,339 sq ft
4 parking spaces accessed to the rear
Majority of accommodation provided with vacant possession with full VP strategy in place
Short term development potential to residential uses (subject to prior approval)
Two floors let to Pearson Professional Assessments Ltd and Profile Financial Solutions Ltd respectively
Each tenancy includes landlord break option subject to 9 months written notice at any time during the term (vacant possession available from August 2025)
Current rental income of £66,119 per annum (£10.69 psf)
3 parking spaces provide a further £2,110 per annum
Total rental income of £68,229 per annum
Long leasehold for a term of 999 years at a peppercorn rent expiring in 2728
Offers in excess of £975,000
Low Capital Value of £40 psf
GUILDHALL HOUSE
5 storey office building providing a total floor area of 20,423 sq ft
16 parking spaces accessed to the rear
Current rental income of £192,349 per annum (£9.41 psf)
Additional income of £11,030 per annum from licenses for parking spaces
Total rental income of £203,379 per annum
AWULT of 4.63 years to expiry (2.36 years to breaks)