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12 William Prance Rd - Buckland House 1,789 - 4,264 SF Office Condo Units Offered at $515,642 - $843,778 CAD Per Unit in Plymouth PL6 5WR
Investment Highlights
- Two storey office building
- Constructed in 2006
- Situated off the A386 Plymouth to Tavistock Road
- The energy rating for this property is D (94)
Executive Summary
The premises comprise a two storey self contained office building constructed in 2006 within a terrace of four. Situated off the A386 Plymouth to Tavistock Road, Plymouth International Business Park is ideally located to the north of Plymouth City Centre with easy access to main road, rail and Continental ferry links. The business park provides a high-quality environment designed to attract the South West’s growth sectors of medical, technology and research and development. Situated off the A386 Plymouth to Tavistock Road, Plymouth International Business Park is ideally located to the north of Plymouth City Centre with easy access to main road, rail and Continental ferry links. The business park provides a high quality environment designed to attract the South West’s growth sectors of medical, technology and research and development. Nearby occupiers include IMASS, Neville & Co, Securitas, Newcross Healthcare, NHS and Radiology Academy.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Tenure | Freehold |
| No. Parking Spaces | 6 |
| Sale Type | Owner User |
| No. Parking Spaces | 6 |
| Tenure | Freehold |
Description
The premises comprise a two storey self contained office building constructed in 2006 within a terrace of four. The high quality, accommodation is mainly open plan with some demountable partitioning forming offices and a meeting room, with a tea point. The specification includes comfort cooling/heating, suspended ceilings with Cat II lighting, carpeted raised modular flooring for easy IT installation, ground floor accessible WC and first floor WC. Externally, are 6 dedicated parking spaces +1 disabled persons space.
Sale Notes
The property is available immediately with vacant possession under conventional tenant's FR&I leasehold terms, preferably for a term of 5 years or more at initial annual rent of £19,500pa + VAT.
Alternatively, our client would consider sale of the freehold interest with vacant possession at an asking price of £275,000 + VAT. A modest estate charge is levied for upkeep of the external common parts
Alternatively, our client would consider sale of the freehold interest with vacant possession at an asking price of £275,000 + VAT. A modest estate charge is levied for upkeep of the external common parts
| Sale Type | Investment | Tenure | Long Leasehold |
| No. Parking Spaces | 14 |
| Sale Type | Investment |
| No. Parking Spaces | 14 |
| Tenure | Long Leasehold |
Description
An end of terrace, two storey self contained office building constructed in 2006. The high quality accommodation is mainly open plan with some demountable partitioning forming offices, meeting room and staff welfare. The specification includes comfort cooling/heating, suspended ceilings with CAT II lighting, carpeted raised modular flooring for easy IT installation and passenger lift.
Externally there is allocated parking for 14 cars.
Externally there is allocated parking for 14 cars.
Sale Notes
The property's long-leasehold interest is potentially available, subject to surrender of the existing lease, from £450,000.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 1,789 SF | Office | $515,642 CAD ($288.23 CAD/SF) | - |
| Unit 4 | 4,264 SF | Office | $843,778 CAD ($197.88 CAD/SF) | - |
Unit 2
| Unit Size |
| 1,789 SF |
| Condo Use |
| Office |
| Price |
| $515,642 CAD ($288.23 CAD/SF) |
| NOI |
| - |
Unit 4
| Unit Size |
| 4,264 SF |
| Condo Use |
| Office |
| Price |
| $843,778 CAD ($197.88 CAD/SF) |
| NOI |
| - |
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Unit 2
| Unit Size | 1,789 SF |
| Condo Use | Office |
| Price | $515,642 CAD ($288.23 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| No. Parking Spaces | 6 |
| Tenure | Freehold |
| Description | |
| The premises comprise a two storey self contained office building constructed in 2006 within a terrace of four. The high quality, accommodation is mainly open plan with some demountable partitioning forming offices and a meeting room, with a tea point. The specification includes comfort cooling/heating, suspended ceilings with Cat II lighting, carpeted raised modular flooring for easy IT installation, ground floor accessible WC and first floor WC. Externally, are 6 dedicated parking spaces +1 disabled persons space.</li></ul> | |
| Sale Notes | |
| The property is available immediately with vacant possession under conventional tenant's FR&I leasehold terms, preferably for a term of 5 years or more at initial annual rent of £19,500pa + VAT. <br> <br> Alternatively, our client would consider sale of the freehold interest with vacant possession at an asking price of £275,000 + VAT. A modest estate charge is levied for upkeep of the external common parts</li></ul> |
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Unit 4
| Unit Size | 4,264 SF |
| Condo Use | Office |
| Price | $843,778 CAD ($197.88 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| No. Parking Spaces | 14 |
| Tenure | Long Leasehold |
| Description | |
| An end of terrace, two storey self contained office building constructed in 2006. The high quality accommodation is mainly open plan with some demountable partitioning forming offices, meeting room and staff welfare. The specification includes comfort cooling/heating, suspended ceilings with CAT II lighting, carpeted raised modular flooring for easy IT installation and passenger lift.<br> <br> Externally there is allocated parking for 14 cars.</li></ul> | |
| Sale Notes | |
| The property's long-leasehold interest is potentially available, subject to surrender of the existing lease, from £450,000.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 9,600 SF | Typical Floor Size | 4,800 SF |
| Property Type | Office | Year Built | 2006 |
| Building Class | B | Lot Size | 0.21 AC |
| Floors | 2 |
| Total Building Size | 9,600 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 4,800 SF |
| Year Built | 2006 |
| Lot Size | 0.21 AC |
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12 William Prance Rd - Buckland House
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