MacFaralane Gray House 3 Players Rd 5,736 SF 100% Leased Office Building Stirling FK7 7SH £725,000 (£126.39/SF) 11.13% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Rarely Available Office Investment
- Within Short Walk of Stirling City Centre
- Situated in Excellent Business Location
EXECUTIVE SUMMARY
The subjects comprise a two-storey detached modern office pavilion, constructed around 2005. The building is of steel frame and brick wall construction, surmounted by a timber pitched roof, clad with concrete tiles. Whilst the building is currently let to a single occupier, it has been designed to allow for horizontal and vertical sub division, creating varying floor areas for as many as four occupiers.
Offers in excess of £725,000.
Offers in excess of £725,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
5,736 SF
Building Class
B
Year Built
2005
Price
£725,000
Price Per SF
£126.39
Net Initial Yield
11.13%
NOI
£80,693
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,868 SF
AMENITIES
- Security System
- Wheelchair Accessible
- Reception
- Natural Light
- Yard
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