Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

County Gate, County Way, Trowbridge, BA14 7FJ

14,692 Sq Ft / Other

For Sale - £2,100,000.00

Available - Last updated: 12 April 2024

Modern Multi-Let Office Investment Opportunity

INVESTMENT SUMMARY:

- Landmark Building situated in a prominent location on edge of town centre location.
- Modern four storey office building providing a total NIA of 14,644 sq ft with on site parking for 35 cars
- Freehold
- Full let to three tenants; BSquare EMEA Ltd, Monahans LLP and Atkins Ltd
- Currently producing £141,125 per annum rising to £166,750 pa from Dec 2023 (£11.28 per sq ft average)
- We are instructed to seek offers in excess of £2,100,000 reflecting an attractive net initial yield of 7.43% assuming purchasers' costs of 6.30%.
- WAULT till lease expiry 7.70 years; till break 3.17 years
- A purchase at this level reflects a low capital value of £136.20 per sq ft

DESCRIPTION:

County Gate is a striking four storey building, constructed of brick and glazed elevations under a pitched roof. Constructed in 2005 to a high specification and includes:
- Passenger (8 person) lift
- Ladies and gents WC's on each floor
- Full height glazed entrance foyer
- Air conditioning
- Fully accessible raised floors
- Suspended ceilings



Trowbridge is the county town of Wiltshire and is located approximately 13 miles south-east of Bath, 40 miles south-west of Swindon and 33 miles north-east of Salisbury. The town has direct access tot he A350 which in turn links with Junction 17 of the M4 approximately 20 miles to the north.

Neighbouring towns of Frome, Chippenham and the city of Bath are all within a 20-minute drive of Trowbridge with Bristol and Swindon accessible in under an hour.


SITUATION:
The property is situated in a prominent location on County Way / Longbridge Roundabout junction being south of Trowbridge town centre but within easy walking distance of the town centre amenities, to include St Stephens Place and the Shires Shopping Centre; County Hall and Trowbridge Railway Station.
( Agency Pilot Software ref: 20012958 )

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £2,100,000.00 NA

Email me updates about similar new properties


Show similar properties

Contact agents

Colin Scragg

Carter Jonas LLP

01225 220238



Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks, your enquiry has been sent to the agent

In response to the boxes you ticked, we'd like to send you emails about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.