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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
  • 1st Floor
  • 3,532 SF
  • Office
  • Full Build-Out
  • Now

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

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.

  • Listing ID: 34131556

  • Date on Market: 09/12/2024

  • Last Updated:

  • Address: 59-61 Guildhall St, Preston PR1 3NU

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