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Charlotte House 19B Market Pl 958 SF Office Building Bingham NG13 8AP $276,625 CAD ($288.75 CAD/SF) 9.20% Cap Rate
Investment Highlights
- Situated within Bingham Town Centre close to the junction with the Market Place and Station Street
- Let at £13,750 pax on lease to September 2027 with break
- Detached offices over ground and first floor
Executive Summary
The premises offer a detached office building on ground and part first floors with gas fired central heating (not tested). There is an entrance reception and 4 main offices and
kitchen to ground floor. There are ladies and gents WCs to ground floor.
Staircase access to first floor office and meeting room with sloping roof line. There are a range of Velux roof lights in the pitched concrete tile clad roof and feature round window to the first floor.
The property is available freehold subject to the residue of a 3-year lease from September 2024 on the whole to Blakethwaite Limited T/A Blades Insolvency Services with guarantors at £13,750 pax payable quarterly in advance.
kitchen to ground floor. There are ladies and gents WCs to ground floor.
Staircase access to first floor office and meeting room with sloping roof line. There are a range of Velux roof lights in the pitched concrete tile clad roof and feature round window to the first floor.
The property is available freehold subject to the residue of a 3-year lease from September 2024 on the whole to Blakethwaite Limited T/A Blades Insolvency Services with guarantors at £13,750 pax payable quarterly in advance.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
958 SF
Building Class
C
Year Built
1987
Price
$276,625 CAD
Price Per SF
$288.75 CAD
Cap Rate
9.20%
NOI
$25,450 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
657 SF
Building FAR
0.44
Lot Size
0.05 AC
Amenities
- Conferencing Facility
- Energy Performance Rating - D
- Reception
- Central Heating
- Demised WC facilities
- Natural Light
- Partitioned Offices
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Charlotte House | 19B Market Pl
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