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Holloway House Epsom Square, White Horse Business , Trowbridge, BA14 0XG

8,032 Sq Ft / Other

For Sale - £900,000.00

Available - Last updated: 05 April 2024

High Yielding Multi Let Office Investment Opportunity.



Summary:

- Situated on White Horse Business Park, West Wiltshire's premier business park.

- Modern two storey office building providing a total NIA of 8,032 Sq Ft.

- Held long leasehold on a 999-year lease at a peppercorn from 24th June 2001.

- Fully let to three tenants; Wiltshire Friendly; Acheson and Acheson; Medvivo.

- Currently producing £80,320 per annum (£10 per Sq Ft).

- We are instructed to seek offers in excess of £900,000 reflecting an attractive net initial yield of 8.45% assuming purchasers' costs of 5.63%.

- A purchase at this level reflects a low capital value of £112.05 per Sq Ft.





Holloway House is a two storey, self-contained office building of traditional steel portal frame construction with profile steel elevations under a pitched profile metal sheet roof. Constructed in the 1990s to a high specification and includes:



- Full height glazed entrance foyer

- Four person passenger lift

- Air conditioning

- Fully accessible raised floors

- WCs on each floor

- Attractive parkland setting with well-maintained landscaped areas



The property includes 38 car spaces providing an excellent parking ratio of 1:211 Sq Ft.
( Agency Pilot Software ref: 20012288 )

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £900,000.00 NA

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Colin Scragg

Carter Jonas LLP

01225 220238

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