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4 Quay View Business Park 4 Princes Walk 3,004 SF Office Building Lowestoft NR32 2QW $1,094,490 CAD ($364.34 CAD/SF) 8.62% Cap Rate


Investment Highlights
- Prime Office Space in Prestigious Business Park
- Ample Onsite Parking
- Excellent Connectivity to Transport Links
- Flexible and Contemporary Workspace
Executive Summary
An excellent opportunity to acquire a modern and well-located office building in the prestigious Quay View Business Park, situated in the heart of Lowestoft. This sought-after commercial location offers exceptional connectivity to key transport links, including local train services and the new third river crossing, just a short distance away, making travel to and from the property seamless for employees and clients alike.
The property is spread across two floors, providing a versatile and contemporary workspace designed to accommodate a wide range of business operations. The flexible layout can be reconfigured to meet specific requirements, offering adaptability for different industries and work styles. Large windows allow for ample natural light, creating a bright and welcoming environment that enhances productivity.
For investors, this property presents a solid income-generating opportunity, with tenants currently occupying the space under a five-year lease agreement, delivering a stable annual income of £51,750. This makes it an attractive option for those seeking a secure, long-term return on investment in a growing commercial hub.
The property is spread across two floors, providing a versatile and contemporary workspace designed to accommodate a wide range of business operations. The flexible layout can be reconfigured to meet specific requirements, offering adaptability for different industries and work styles. Large windows allow for ample natural light, creating a bright and welcoming environment that enhances productivity.
For investors, this property presents a solid income-generating opportunity, with tenants currently occupying the space under a five-year lease agreement, delivering a stable annual income of £51,750. This makes it an attractive option for those seeking a secure, long-term return on investment in a growing commercial hub.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold/Long Leasehold
Property Subtype
Office
Building Size
3,004 SF
Building Class
C
Year Built
1970
Price
$1,094,490 CAD
Price Per SF
$364.34 CAD
Cap Rate
8.62%
NOI
$94,400 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,502 SF
Building FAR
0.17
Lot Size
0.40 AC
Parking
12 Spaces (3.99 Spaces per 1,000 SF Leased)
1 of 3
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4 Quay View Business Park | 4 Princes Walk
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