Riverside House 2001 Yew St 10,759 SF Office Building Stockport SK4 2HG £2,350,000 (£218.42/SF) 6.54% Net Initial Yield
INVESTMENT HIGHLIGHTS
- An imposing, detached, high specification office building.
- s. The M60 motorway is within a minute’s drive, Stockport’s mainline rail station is within 10 minutes’ walk.
- Stockport has benefited from substantial recent investment, including improvements to the road network and major developments.
EXECUTIVE SUMMARY
Leasehold. 991 years from 13/08/2008 (with no ground rent). Land Registry Title Number MAN128477.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Building Size
10,759 SF
Building Class
B
Year Built
2004
Price
£2,350,000
Price Per SF
£218.42
Net Initial Yield
6.54%
NOI
£153,750
Tenancy
Single
Number of Floors
2
Typical Floor Size
5,380 SF
Building FAR
0.05
Lot Size
4.58 AC
Parking
47 Spaces (4.37 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Raised Floor
- Kitchen
- Storage Space
- Demised WC facilities
- Shower Facilities
- Suspended Ceilings
- Air Conditioning
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