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Bishops Court 17A The Broadway 6,212 SF 93% Leased Office Building Hatfield AL9 5HZ $2,282,595 CAD ($367.45 CAD/SF) 6.96% Cap Rate

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Investment Highlights

  • Modern Construction (1980's)
  • Flexible tenant lease profile
  • Prominent position leading into Old Hatfield

Executive Summary

A fantastic and rare opportunity to acquire a freehold office investment close to the main entrance to the old town. It comprises a 1985 built, neo-Georgian style 4-storey building of conventional brick and tile construction. With prominent deep bay window frontage the ground floor provides flexible open plan office accommodation separated by an impressive deep entrance / reception area. At the rear are ladies and gents WCs and staircase that leads to the upper three office floors. The first floor comprises three suites of varying sizes off a private hallway with single larger suites located on the second and third floors. The property is currently fully let with three of the seven tenancies expiring in 2025. A full tenancy schedule available upon request. The property could suit a wide range of purchasers including investors, developers and owner occupiers. Six parking spaces are offered at the rear.
For sale freehold - £1.25m. The current rental income is £86,950 p.a. which is shortly expected to increase to £89,050 p.a. All terms are subject to VAT where applicable.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Building Size
6,212 SF
Building Class
B
Year Built
1980
Price
$2,282,595 CAD
Price Per SF
$367.45 CAD
Cap Rate
6.96%
NOI
$158,777 CAD
Percent Leased
93%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,553 SF
Building FAR
0.68
Lot Size
0.21 AC
Parking
6 Spaces (0.97 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground-Ste 1
  • 440 SF
  • Office
  • Full Build-Out
  • Now

Accessed via an impressive and deep entrance / reception area, the available accommodation comprises a flexible open-plan ground floor office suite featuring a prominent bay window to the front and an interlinking private office/meeting room to the rear. The suite forms part of an attractive neo-Georgian style four-story building, constructed in 1985 of conventional brick and tiled elevations. The property benefits from the following features: * Newly installed tea point * Gas- red radiator central heating * Door entry system * LED lighting * Data and electrical points There is one designated parking space at the rear. In addition, there is short-term parking immediately outside the building and unrestricted all-day parking available within a short walking distance. The property is privately owned, with the landlord occupying the entire first floor.

Space Size Space Use Condition Available
Ground-Ste 1 440 SF Office Full Build-Out Now

Ground-Ste 1

Size
440 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Ground-Ste 1

Size 440 SF
Space Use Office
Condition Full Build-Out
Available Now

Accessed via an impressive and deep entrance / reception area, the available accommodation comprises a flexible open-plan ground floor office suite featuring a prominent bay window to the front and an interlinking private office/meeting room to the rear. The suite forms part of an attractive neo-Georgian style four-story building, constructed in 1985 of conventional brick and tiled elevations. The property benefits from the following features: * Newly installed tea point * Gas- red radiator central heating * Door entry system * LED lighting * Data and electrical points There is one designated parking space at the rear. In addition, there is short-term parking immediately outside the building and unrestricted all-day parking available within a short walking distance. The property is privately owned, with the landlord occupying the entire first floor.

  • Listing ID: 39668812

  • Date on Market: 2026-03-05

  • Last Updated:

  • Address: 17A The Broadway, Hatfield AL9 5HZ

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