Multi-let Office Re-Positioning Opportunity

Modern office of 22,104 sq ft arranged over ground and 5 upper floors. The building benefits from excellent fundamentals including optimally sized floor plates for the local market (at 3,500 sq ft) and from windows on all elevations, providing excellent levels of natural light. The property has been refurbished on a rolling basis with recent investment totalling £350,000. Strong environmental credentials with an EPC rating of B(50). 33 surface-level car parking spaces, providing a market-leading intown car parking ratio of 1:638 sq ft. Multi-let to 3 tenants providing a WAULT of 3.2 years to expiries and 1.4 years to breaks. Current passing rent is £742,956 pa (inclusive of Vendor’s rental top ups), reflecting a very low rent of only £35.26 per sq ft overall.