No 4 Ancells Court, Rye Close, Ancells Business Park, Fleet, GU51 2UY
2,360 Sq Ft / Other / Investment
For Sale
Available - Last updated: 26 March 2024
Summary
Ancells Court is a purpose built scheme of 8 small self-contained office buildings originally built for owner occupiers or investors. Our client owns two of the office buildings being No 4 (This property for sale) and No 2 (being about 1,625 sq ft).
Both these buildings are let to Operatix Ltd. Now owned/part of MemoryBlue which is a portfolio company of Avesi Partners, a leading private equity firm with $880 million of equity capital under management. Smart Search Delphi credit score of 89 out of 100. Low Risk.
We are offering No 4 and No 2 for sale freehold as fully let investments, available to purchase individually or combined as a single lot. Further details on the No 2 investment are available on request.
Key Points
Terraced office building - 2,360 sq. ft. over 2 floors with 14 car parking spaces.Let to Operatix Ltd on a FRI lease expiring 31.03.2029Lease from 01.04.2019, Lease is Outside L&T Act 1954.Current Rent £41,500 p.a.x, (£17.58 p.s.f). Upward only rent review on 01.04.2024 (To be reviewed).Offers in the region of £480,000 - net initial yield 8.23%. £202 psf Cap Val.No 2 Ancells Court (1,625 sq ft) also available For Sale.
Viewings
By prior arrangement only.
Location
Ancells Court is located on the established and popular Ancells Business Park. Local shopping facilities are a short walk away with nearby Ancells Park consisting of a Tesco Express, cafe and hair salon. Slightly further on is the very popular Heron on the Lake pub/restaurant.
Ancells Business Park is less than a mile from Fleet mainline station. The quickest train service from Fleet is 40 minutes to London Waterloo. The M3 motorway at J4a is only a 2.5 miles drive from Ancells Court.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
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For Sale Freehold
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£0.00
| NA |
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