Guildhall House | 59-61 Guildhall St
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Guildhall House 59-61 Guildhall St
20,104 SF 82% Leased Office Building Preston PR1 3NU £1,370,000 (£68/SF) 14% Net Initial Yield
Investment Highlights
- Excellent connectivity being located within the commercial district
- Recent refurbishment providing modern office accommodation.
Executive Summary
The freehold of the property is available with offers in excess of £1,370,000. The current rental income is £192,349 per annum with additional income of £11,030 PA from licences for parking spaces.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
20,104 SF
Building Class
B
Year Built
1973
Price
£1,370,000
Price Per SF
£68
Net Initial Yield
14%
NOI
£191,800
Percent Leased
82%
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
3,351 SF
Building FAR
0.46
Lot Size
1.00 AC
Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Accent Lighting
- Fully Carpeted
- Natural Light
- Open-Plan
- Perimeter Trunking
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Office accommodation located on the first floor of Guildhall House in Preston.
Space | Size | Space Use | Condition | Available |
1st Floor | 3,532 SF | Office | Full Build-Out | Now |
1st Floor
Size |
3,532 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
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1st Floor
Size | 3,532 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
Office accommodation located on the first floor of Guildhall House in Preston.
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Guildhall House | 59-61 Guildhall St
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