28D Ludgate Hl
Birmingham B3 1DX
Ludgate House · Office Property For Sale
INVESTMENT HIGHLIGHTS
- WC and kitchen facilities
- Gas-fired central heating
- Mixture of open plan and cellular space
EXECUTIVE SUMMARY
We are inviting offers in the region of £850,000 for the valuable freehold interest.
The building is being sold with the benefit of the existing commercial tenancies on the first and second floor elements, which provide a rental income of £40,880.
The building is being sold with the benefit of the existing commercial tenancies on the first and second floor elements, which provide a rental income of £40,880.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
3,643 SF
Building Class
B
Year Built/Renovated
1911/1980
Price
£850,000
Price Per SF
£233.32
Net Initial Yield
4.81%
NOI
£40,880
Percent Leased
69%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
1,214 SF
AMENITIES
- 24 Hour Access
- Controlled Access
- Security System
