Units 1 & 2 Lakeside Court, Lakeside Drive, Centre Park, Warrington, Cheshire WA1 1QX

Warrington, WA1 1RU

Sold

Price £3,000,000

Rent (pa) £304,638

Yield 9.54%

Investment Summary

Modern, recently refurbished out of town offices
Lakeside Court is prominently situated in the established Centre Park, within easy walking distance of Warrington town centre
Full access raised floors, suspended ceilings and low energy LED lighting with VRF air conditioning system
Total floor area of 21,743 sq ft
Fully let to NHS Warrington Clinical Commissioning Group and Effortless Skin Limited (Skincity)
Total rental income of £304,638 per annum
Low average rent of £14.01 psf
AWULT of 3.29 years to expiry (1.29 years to break)
Freehold
Offers in excess of £3,000,000 (STC)
Net initial yield of 9.54%
Low capital value of £138 psf