Forge Ln | Stoke On Trent ST1 5RU
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Forge Ln
Stoke On Trent ST1 5RU
Building 1 & 3 Etruria Office Village · Office Property For Sale · 30,643 SF Total
INVESTMENT HIGHLIGHTS
- The subject buildings are located on the Etruria Office Village which forms part of Festival Park
- The A500 provides access to all main arterial roads in the area
- Festival Park is located on the junction of the A500 D Road and A53 Etruria Road approximately 1 mile to the west of the City Centre (Hanley)
EXECUTIVE SUMMARY
Seeking offers in excess of £4,150,000 (Four Million, One Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT for our clients long leasehold interest. A purchase at this level reflects an attractive net initial yield of 8.71%. This includes the landlords rent top up on Building 1. This gives a capital value of £135 per sq. ft.
PROPERTY FACTS
| Price / SF | £135.43 / SF | Individually For Sale | 0 |
| Net Initial Yield | 8.71% | Total Building Size | 30,643 SF |
| Sale Type | Investment | Tenure | Long Leasehold |
| Status | Active | Total Land Area | 0.14 AC |
| Number of Properties | 2 |
| Price / SF | £135.43 / SF |
| Net Initial Yield | 8.71% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 30,643 SF |
| Tenure | Long Leasehold |
| Total Land Area | 0.14 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Building 1
Forge Ln, Stoke On Trent ST1 5RU |
Office | 15,409 SF | 2006 | - |
|
Building 3
Forge Ln, Stoke On Trent ST1 5RU |
Office | 15,234 SF | 2006 | - |
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