This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Swallow House Parsons Rd
5,864 SF Office Building Washington NE37 1EZ £535,000 (£91/SF) 9.44% Net Initial Yield
Investment Highlights
- The property comprises a detached office building which has been extended being of framed construction with brick elevations beneath a flat roof.
- The building is currently attached into three further buildings each with self-contained access.
- The office accommodation is generally arranged on a carpet covered floor with painted plaster walls and a suspended ceiling with recessing lights.
- The windows to the property are uPVC framed and double glazed.
- The offices are finished to a good standard with bespoke reception, open plan office accommodation with demountable partitioning
Executive Summary
The property is let to Essci Technical Services Limited for a term of 5 years from the 2nd of October 2018 with break on the 1st of October 2021 with a current rent of £50,490 per annum exclusive. The Tenant has been in occupation since 2006.
There is a Schedule of Condition attached to the lease.
Property Facts
Amenities
- Demised WC facilities
- Open-Plan
- Recessed Lighting
About Parsons Rd , Washington, TWR NE37 1EZ
The property comprises a detached office building which has been extended being of framed construction with brick elevations beneath a flat roof. The windows to the property are uPVC framed and double glazed. The building is currently attached into three further buildings each with self-contained access. The offices are finished to a good standard with bespoke reception, open plan office accommodation with demountable partitioning to create meeting rooms and individual WC and kitchen facilities. The office accommodation is generally arranged on a carpet covered floor with painted plaster walls and a suspended ceiling with recessing lights. There are 20 car park spaces included adjacent to the office.
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
-
- Construction
- -
- -
- -
We are one of the largest technical service providers in the UK and Ireland, with extensive expertise and experience in engineering services, technical facilities management and systems integration.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
|
|
Construction | - | - | - |
Presented by
Swallow House | Parsons Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.