Trent House Meadowbank Way 3,181 SF Office Building Eastwood NG16 3SB £380,000 (£119.46/SF) 7.61% Net Initial Yield
INVESTMENT HIGHLIGHTS
- 15 dedicated car parking spaces
- Modern detached office building extending to approximately 3,181 sq ft (NIA)
- Excellent business park location adjacent with the A610
EXECUTIVE SUMMARY
The property comprises a self-contained modern office building,
arranged over two floors and configured to provide a combination of both open plan accommodation and cellular office suites
suitable for private meeting rooms and board rooms.
Fully let to HSP Consulting Engineering for a term of 10 years, expiring 06 September 2025 at a passing rent of £30,000 per annum
arranged over two floors and configured to provide a combination of both open plan accommodation and cellular office suites
suitable for private meeting rooms and board rooms.
Fully let to HSP Consulting Engineering for a term of 10 years, expiring 06 September 2025 at a passing rent of £30,000 per annum
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
3,181 SF
Building Class
B
Year Built
1994
Price
£380,000
Price Per SF
£119.46
Net Initial Yield
7.61%
NOI
£28,918
Tenancy
Single
Number of Floors
2
Typical Floor Size
1,591 SF
Parking
17 Spaces (5.34 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Storage Space
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