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Hospital Fields Rd
York YO10 4DZ

Alexander House · Office Property For Sale

Office Space North Yorkshire York Hospital Fields Rd, York, YO10 4DZ

INVESTMENT HIGHLIGHTS

  • Great local amenities
  • Convenient transport links
  • In close proximity to York

EXECUTIVE SUMMARY

Offers are sought in excess of £5,780,000 (Five Million Seven Hundred and Eighty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this price reflects a net initial yield of 9.00% after allowing for purchaser’s costs at 6.71%. This equates to a low capital value of £154 per sq ft.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
37,433 SF
Building Class
B
Year Built/Renovated
2000/2019
Price
£5,780,000
Price Per SF
£154
Net Initial Yield
9.60%
NOI
£554,925
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
12,318 SF
Building FAR
0.63
Lot Size
1.37 AC
Parking
95 Spaces (2.53 Spaces per 1,000 SF Leased)

AMENITIES

  • Fenced Lot
  • Raised Floor
  • EPC - C
  • Car Charging Station
  • Atrium
  • Bicycle Storage
  • Demised WC facilities
  • Shower Facilities
  • Suspended Ceilings
  • Air Conditioning
 

  • Listing ID: 33034807

  • Date on Market: 02/09/2024

  • Last Updated:

  • Address: Hospital Fields Rd, York YO10 4DZ

The Office Property at Hospital Fields Rd, York, YO10 4DZ is currently available for sale. Contact Kimmre for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBOURHOODS

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