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Annie Reed Rd - Annie Reed Rd 6,399 SF Office Condo Unit Offered at $1,095,533 CAD in Beverley HU17 0LF
Investment Highlights
- Suspended ceilings
- Air conditioning/heating system
- Inset LED lighting
Executive Summary
A modern single storey purpose converted to the present use around 20 years ago, the premises formally being in two suites, but now occupied by a single user. The premises are constructed of brick facing walls beneath a series of pitched roofs with metal profile covering, windows are in uPVC, sealed double glazed units with internal security . There are security shutters to entrance doors and a monitored intruder alarm system. The offices incorporate both an open plan and enclosed layout, have suspended ceilings, with inset LED lighting and an air conditioning/heating system. Externally there is generous car parking to the building's frontage with additional parking available at the rear, in all there are 23 spaces and 4 x vehicle charger ports.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Briefly the accommodation is broken down to:-
Office Suite 1: c.3,564 ft² (331.2m²)
Office Suite 2: c.1,809 ft² (168.1m²)
Entrance, Reception & Office,
c.10.92 % Return (Gross)
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 and 2 | 6,399 SF | Office | $1,095,533 CAD ($171.20 CAD/SF) | - |
Unit 1 and 2
| Unit Size |
| 6,399 SF |
| Condo Use |
| Office |
| Price |
| $1,095,533 CAD ($171.20 CAD/SF) |
| NOI |
| - |
Unit 1 and 2
| Unit Size | 6,399 SF |
| Condo Use | Office |
| Price | $1,095,533 CAD ($171.20 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| The accommodation comprises of both enclosed and open office space, offering the flexibility to future reconfigure.<br> Briefly the accommodation is broken down to:-<br> Office Suite 1: c.3,564 ft² (331.2m²)<br> Office Suite 2: c.1,809 ft² (168.1m²)<br> Entrance, Reception & Office,<br> c.10.92 % Return (Gross)</li></ul> | |
| Sale Notes | |
| Investment Opportunity. Modern Ground Floor Office Suites, floor Area c.6,399ft² (594.5m²) over a single floor, in a recognised business and commercial area in this popular market Town, with car parking for approximately 23 cars. The accommodation is principally open plan, the building also benefitting from a low energy rating in band B. The premises are currently let and generating a gross return of 9.6% return based off the current asking price.</li></ul> |
Property Facts
| Total Building Size | 6,399 SF | Year Built | 2005 |
| Property Type | Office (Condo) | Tenancy | Single |
| Building Class | B | Lot Size | 0.39 AC |
| Floors | 1 | Parking Ratio | 3.59/1,000 SF |
| Typical Floor Size | 6,399 SF |
| Total Building Size | 6,399 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 6,399 SF |
| Year Built | 2005 |
| Tenancy | Single |
| Lot Size | 0.39 AC |
| Parking Ratio | 3.59/1,000 SF |
Amenities
- Security System
- Reception
- Air Conditioning
Presented by
Annie Reed Rd - Annie Reed Rd
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