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34.5 Acres of Strategic Income Producing Land

England, United Kingdom

84%

£20.000.000

Mixed use

#33482

Value-Add, Opportunistic

29 Oct 2024

Property Details

Broker

For sale

125,506 sq.ft.

11,660 m²

Leasable area

159 £/sq.ft.

1,715 £/m²

12.90 %

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

The high-quality buildings provide 125,506 sq ft of accommodation in total arranged across: Manor House (Block A): An attractive and commandingly positioned house of 7,899 sq ft arranged over ground and 1st floor. Currently 50% let but offering scope for conversion to alternative use. Sefton House (Block B): A modern, multi-let office building of 12,129 sq ft arranged over ground and 1st floor. 50% let. Block C: A modern single-let office of 27,004 sq ft let to Urenco Ltd. Block D: A modern single-let office of 29,566 sq ft let to Siemens Plc. Block E: A modern office of 43,810 sq ft let to Hitachi Data Systems Ltd. Security Gate House: 305 sq ft building at park entrance. Sports Pavilion: 4,793 sq ft building within the park grounds. 528 car parking spaces, reflecting a ratio of 1:228 sq ft. 528 car parking spaces, reflecting a ratio of 1:228 sq ft. Current in come of £2,756,468 per annum, reflecting an average overall rent of £25.25 per sq ft. WAULT of 3.7 years to expiry and 1.4 years to break.