Reed House 3-4 Hunters Ln

2,802 SF 55% Leased Office Building Rochdale OL16 1YL £425,000 (£152/SF) 4.61% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Located in Rochdale town centre.
  • Nearby local amenities.
  • Benefits from car parking spaces.

EXECUTIVE SUMMARY

The Freehold is available at an asking price of £425,0000.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
2,802 SF
Building Class
C
Year Built
1988
Price
£425,000
Price Per SF
£152
Net Initial Yield
4.61%
NOI
£19,580
Percent Leased
55%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,401 SF
Building FAR
1.07
Lot Size
0.06 AC

AMENITIES

  • Kitchen
  • Roller Shutters
  • Demised WC facilities

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground-Ste 1
  • 626 SF
  • Office
  • Shell Space
  • Now

The space compromises 626 sf of ground floor office accommodation. Annual Rent - £10,000 per annum plus 4% service charge.

  • 1st Fl-Ste 3
  • 626 SF
  • Office
  • Shell Space
  • Now

The space compromises 626 sf of first floor office accommodation. Annual Rent - £9,000 per annum plus 4% service charge.

Space Size Space Use Condition Available
Ground-Ste 1 626 SF Office Shell Space Now
1st Fl-Ste 3 626 SF Office Shell Space Now

Ground-Ste 1

Size
626 SF
Space Use
Office
Condition
Shell Space
Available
Now

1st Fl-Ste 3

Size
626 SF
Space Use
Office
Condition
Shell Space
Available
Now
  • Listing ID: 32790566

  • Date on Market: 14/08/2024

  • Last Updated:

  • Address: 3-4 Hunters Ln, Rochdale OL16 1YL