Units 6 & 8 Abbots Park, Preston Brook, Warrington WA7 3GH

Sold

Price £1,550,000

Rent (pa) £195,865

Yield 11.91%

Investment Summary

High yielding out of town office investment
Exceptional location for transport links surrounded by major office and industrial occupiers
Full access raised floors, suspended ceilings and LG3 lighting
Total floor area of 12,793 sq ft
3 suites let to Bam Nuttall Ltd, Lindley Group Ltd and Apple Aviation Ltd, off a low average rent of just £14.95 per sq ft
1 vacant suite subject to 1-year rent, rates and s/c guarantee
Total topped up rent of £195,865 per annum
Car parking ratio at 1:377 sq ft
AWULT of 2.6 years to expiry (2.3 to break)
Held under a 350 year (less 3 days) long leasehold title
Instructed to seek offers in excess of £1,550,000 (STC)
Net Initial Yield of 11.91%
Capital value of £121 per sq ft

Postcode 78701

Contact our team for more information or speak directly with James Kinsler.