10 Ashfield Rd 2,740 SF Office Building Chorley PR7 1LJ £400,000 (£145.99/SF) 6.25% Net Initial Yield





INVESTMENT HIGHLIGHTS
- Benefits from 10 car parking spaces
- Available with vacant possession or as an investment
- Town centre location
EXECUTIVE SUMMARY
Euromedia Associates Limited will be prepared to enter into a five year Lease at a rental of £25,000 per annum exclusive payable monthly in advance for a term of five years with a Tenant only break clause on the 3rd anniversary. The Tenant will have a full repairing responsibility and reimburse the Landlord’s Building Insurance premium.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Building Size
2,740 SF
Building Class
B
Year Built
1950
Price
£400,000
Price Per SF
£145.99
Net Initial Yield
6.25%
NOI
£25,000
Tenancy
Single
Number of Floors
3
Typical Floor Size
913 SF
Building FAR
0.69
Lot Size
0.09 AC
Parking
10 Spaces (3.65 Spaces per 1,000 SF Leased)
AMENITIES
- Kitchen
- EPC - E
- Demised WC facilities
- Open-Plan
- Partitioned Offices
- Reception
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