This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
7 Wood End - Prisma Park
898 SF Office Unit Offered at £350,000 in Chineham RG24 8TG
Investment Highlights
- Prime location within prominent business park
- Plenitful parking
- Great transport links including nearby A33
Executive Summary
Prisma Park, in Berrington Way, is situated just off Wade Road and has easy access to Junction 6 of the M3 motorway via the eastern side of the ringway system. It is also well placed to benefit from the local shopping facilities at Chineham Shopping Centre. To view the approximate location, go to www.multimap.com and type in post code; RG24 8GT.
Property Facts
| Price | £350,000 | Building Class | B |
| Unit Size | 898 SF | Number of Floors | 2 |
| No. Units | 1 | Typical Floor Size | 5,641 SF |
| Total Building Size | 16,923 SF | Year Built | 2006 |
| Property Type | Office (Unit) | Lot Size | 0.34 AC |
| Sale Type | Investment |
| Price | £350,000 |
| Unit Size | 898 SF |
| No. Units | 1 |
| Total Building Size | 16,923 SF |
| Property Type | Office (Unit) |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 2 |
| Typical Floor Size | 5,641 SF |
| Year Built | 2006 |
| Lot Size | 0.34 AC |
1 Unit Available
Unit 3
| Unit Size | 898 SF | Sale Type | Investment |
| Price | £350,000 | Tenure | Freehold |
| Price Per SF | £389.76 | Net Initial Yield | 4.25% |
| Unit Use | Office | NOI | £14,866.50 |
| Unit Size | 898 SF |
| Price | £350,000 |
| Price Per SF | £389.76 |
| Unit Use | Office |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 4.25% |
| NOI | £14,866.50 |
Description
Unit 3 comprises a modern, self-contained, 2 storey office building set within a courtyard of similar buildings. The unit is located within a well managed Business Park.
The 1st floor is accessed via the ground floor entrance lobby and the office space here is arranged in an open plan format. The kitchen area has been formed within a central position on the floor. The vaulted roof light windows compliment the excellent natural light and have been fitted with electric blinds. Furniture is available.
Sale Notes
A new lease is available on the vacant 1st floor space. The freehold, with part income from the ground floor tenant, currently let to Ace Trainers. Producing £14,866.50 for a term of 10 years from October 2022, subject to a mutual break and rent review at the 5th anniversary.
Interior Photo
Interior Photo
Interior Photo
Amenities
- Security System
- Accent Lighting
- Storage Space
- Bicycle Storage
- Central Heating
- Perimeter Trunking
Presented by
7 Wood End - Prisma Park
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.