Highland Ave - Sandbank Business Park 10,635 SF Specialty Building Offered at £490,000 at a 11.63% Net Initial Yield in Sandbank PA23 8QZ
INVESTMENT HIGHLIGHTS
- Well established business park location
- WAULT: 4.17 Years
- Multi-tenanted office investment.
EXECUTIVE SUMMARY
The subjects comprise a modern office pavilion opened in 2017 by Highlands & Islands Enterprise (HIE). The workspace is generously sized, light and airy and has good connectivity. The core areas of the building have a high level of internal finish with effective use of natural materials. All office suites are accessed through an impressive double height atrium foyer and enjoy a common reception area with comfortable seating. The office suites are warm and well-lit by internal light wells, affording a comfortable workspace for staff and visitors alike. Further specification below: EPC Rating: B+ Full Height Glazed Entrance Foyer and Reception Area with Public Seating Areas. Dedicated Shower and Changing Room Generous Car Parking (24 Spaces) Private Tea Prep Area in Each Unit Secure Entry System and Alarm
PROPERTY FACTS
| Price | £490,000 |
| Price Per SF | £46.07 |
| Sale Type | Investment |
| Net Initial Yield | 11.63% |
| Tenure | Freehold |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 10,635 SF |
| Number of Floors | 1 |
| Year Built | 1980 |
AMENITIES
- Air Conditioning
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