£ 700,000 OIRO Freehold
7,675 sq ft
Investment opportunity in Wrexham comprising 4 mid-terraced offices within a modern, multi let office park built c. 2003, located on the prestigious Wrexham Technology Park which is a convenient and attractive location.
Offers in excess of £700,000 for the long leasehold interest reflecting 10.42% net initial yield and costs of 5.3%. Low capital value of £91.20 per sq ft.
A total of 7,675 sq ft
1 suite of 312 sq ft vacant - 4.06% void
7,363 sq ft let to 5 tenants - 95.94% occupied
Rental income = £76,834 =£10.01 per sq ft per annum.
Long lease to May 2127
- A total of 7,675 sq ft
- Offers in excess of £700,000
- Convenient and attractive location
- Long leasehold