Priam House | Kemble Dr
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Priam House Kemble Dr
6,877 SF 100% Leased Office Building Swindon SN2 2EH £1,680,000 (£244/SF) 7.14% Net Initial Yield
Investment Highlights
- HIGH QUALITY BREAK OUT/RESTURANT AREA FEATURING WOODEN FLOOR, KITCHENETTE FACILITIES AND GAMES AREA
- 26 ALLOCATED CAR PARKING SPACES IN SECURE CAR PARK TO THE REAR OF THE PROPERTY
- SEPARATE FRONT AND REAR PEDESTRIAN ACCESS POINTS
Executive Summary
Prime investment opportunity. Reversionary office investment with rent review in March 2024. Current rent passing of £120,000 per annum exclusive.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
6,877 SF
Building Class
B
Year Built
2012
Price
£1,680,000
Price Per SF
£244
Net Initial Yield
7.14%
NOI
£120,000
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
1,719 SF
Parking
30 Spaces (4.36 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
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Priam House | Kemble Dr
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