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Lyndon House, 8 Kings Court, Willie Snaith Road, Newmarket, CB8 7SG
11,779 Sq Ft / Other
Withdrawn - Last updated: 16 June 2022
High Yielding Office Investment For Sale
Investment Summary:
- Multi-Let office building on established estate in Newmarket, Suffolk
- Regional strategic location
- 60% of the income anchored by public sector covenant
- Providing 11,779 sq ft (1,094 sq m) of office accommodation
- Asset Management Potential
- Unexpired lease term of 5.19 years to expiry and 2.12 years to break
- Current income of £141,048
- Vacant Suites to be guaranteed for 12 months at £8 per sq ft
- Offers are invited in excess of £1,600,000 which represents a NIY of c8.25% assuming purchasers costs of 6.16%
( Agency Pilot Software Ref: 20009363 )
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