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Tribune Way

4,520 SF Office Building York YO30 4RY £600,000 (£133/SF) 8.50% Net Initial Yield

Investment Highlights

  • Modern 2 storey detached office building
  • 13 minute drive to York Station
  • Central to one of Yorks premier commercial business clusters

Executive Summary

The subject premises form part of a cluster of high-quality office/commercial buildings constructed on the mid 2000’s all benefiting from generous on-site parking provisions.
Tribune House comprises a high quality self-contained 2 storey modern office building set within mature landscaped grounds and benefiting internally from full raised access flooring throughout the office space, lift access, kitchen & breakout areas on both floors and excellent natural lighting.
The property totals 4,520 sq ft and benefits from 18 on site car spaces.

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
4,520 SF
Building Class
B
Year Built
2009
Price
£600,000
Price Per SF
£133
Net Initial Yield
8.50%
NOI
£51,000
Tenancy
Single
Number of Floors
2
Typical Floor Size
2,260 SF
Parking
18 Spaces (3.98 Spaces per 1,000 SF Leased)

Amenities

  • Raised Floor
  • Security System
  • Accent Lighting
  • EPC - C
  • Air Conditioning
  • Listing ID: 33530059

  • Date on Market: 16/10/2024

  • Last Updated:

  • Address: Tribune Way, York YO30 4RY

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