The property is located on Priory Park, approximately 4.5 miles west of Hull city centre. Located in a very prominent position alongside the A63 dual carriageway, the site has superb road links to Hull city centre and the national motorway network. Bridge View Office Park is situated on the east side of Priory Park, close to The Village hotel and these offices are at the front of the park.
Unit Size | 3,803 SF |
No. Units | 1 |
Total Building Size | 7,842 SF |
Property Type | Office (Unit) |
Sale Type | Investment |
Building Class | B |
Number of Floors | 2 |
Typical Floor Size | 3,921 SF |
Year Built | 2008 |
Parking Ratio | 3.5/1,000 SF |
Unit Size | 3,803 SF |
Unit Use | Office |
Sale Type | Investment |
Tenure | Freehold |
Net Initial Yield | 10.86% |
NOI | £43,440 |
The property comprises a semi-detached office building of steel frame construction with full height brick walls incorporating a series of glazed and tiled features to the front and rear elevations under a mono pitched steel clad roof. The property has been divided internally to create fully selfcontained office suites on the ground and first floor. Both floors have been divided to provide a range of private offices and meeting rooms with kitchen/staff room areas to suit the occupiers requirements. The first floor is accessed by a platform passenger lift and both suites benefit from air conditioning and LED lighting. Externally there are 14 dedicated car parking spaces which have been divided between each suite.
Ground Floor- 1,896 SF
First Floor- 1,907 SF
Investment For Sale - £400,000
- Freehold commercial office investment
- Attractive initial yield of 10.86% (after allowing for purchasers costs of 5.8%)
- Let on two leases on effective FRI terms
- Current rent passing £46,000
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