The Enterprise Zone Armstrong St 9,668 SF Office Building Grimsby DN31 1XB £850,000 (£87.92/SF) 13.37% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Good road communications
- Surrounded by a range of complementary commercial occupiers
- Single storey detached office building
EXECUTIVE SUMMARY
The property comprises a single storey detached office building that has been divided into two suites. The Freehold of the property is available For Sale, subject to the two
occupational leases.
occupational leases.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
9,668 SF
Building Class
B
Year Built
2000
Price
£850,000
Price Per SF
£87.92
Net Initial Yield
13.37%
NOI
£113,645
Tenancy
Single
Number of Floors
1
Typical Floor Size
9,668 SF
Slab to Slab
11 ft
Building FAR
0.25
Lot Size
0.90 AC
Parking
12 Spaces (1.24 Spaces per 1,000 SF Leased)
AMENITIES
- Kitchen
- EPC - C
- Fully Carpeted
- Open-Plan
- Suspended Ceilings
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