22 Mount Ephraim
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22 Mount Ephraim
37,453 SF Office Building Tunbridge Wells TN4 8AS £10,350,000 (£276/SF) 7.50% Net Initial Yield
Investment Highlights
- Well-located within Royal Wells Park, an exclusive mixed use development, a 5 minute walk to the town centre
- Close to Turnbridge Wells Railway Station
- Situated in a highly affluent commuter town less than one hour by train to Central London
Executive Summary
The property comprises a modern Grade A office building constructed in 2016/17 and extends to 38,059 sq ft built over ground and 3 upper floors. The property was purpose built for the tenant, who fitted out the accommodation to a very high standard including an array of
meeting rooms on the ground floor, large kitchen areas on each floor and a large outdoor seating area on the 3rd floor.
meeting rooms on the ground floor, large kitchen areas on each floor and a large outdoor seating area on the 3rd floor.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
37,453 SF
Building Class
B
Year Built
2016
Price
£10,350,000
Price Per SF
£276
Net Initial Yield
7.50%
NOI
£776,250
Tenancy
Single
Number of Floors
4
Typical Floor Size
9,363 SF
Building FAR
0.97
Land Acres
0.89 AC
Parking
2 Spaces (0.05 Spaces per 1,000 SF Leased)
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22 Mount Ephraim
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