21-21A Holyrood St 4,031 SF Office Building Chard TA20 2AJ £250,000 (£62.02/SF) 8.65% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Period office building
- The town is located on the A30, linking to the A303 at neighboring Ilminster (6 miles)
- Situated in a Town Centre location
EXECUTIVE SUMMARY
The property comprises two adjoining and interconnecting buildings fronting onto Holyrood Street.
Internally, the accommodation provides compartmental offices and meeting rooms over two floors, together with WCs. Kitchen and archive storage.
To the rear of the property is a garage building, external garden and yard area with rear access.
The building offers scope for change of use/redevelopment, subject to the current occupational leases and appropriate statutory consents.
Internally, the accommodation provides compartmental offices and meeting rooms over two floors, together with WCs. Kitchen and archive storage.
To the rear of the property is a garage building, external garden and yard area with rear access.
The building offers scope for change of use/redevelopment, subject to the current occupational leases and appropriate statutory consents.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Building Size
4,031 SF
Building Class
B
Year Built
1967
Price
£250,000
Price Per SF
£62.02
Net Initial Yield
8.65%
NOI
£21,625
Tenancy
Single
Number of Floors
2
Typical Floor Size
2,016 SF
AMENITIES
- Central Heating
1 of 1
