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Errisberg House Barton Turn 16,183 SF 100% Leased Office Building Barton Under Needwood DE13 8EB $4,715,570 CAD ($291.39 CAD/SF)
Investment Highlights
- Opportunity to acquire prominent mixed use investment.
- Income from Linnaeus Vets - £134,560 per annum.
- Linnaeus Vets is one of the largest veterinary groups in the UK.
- Current income: £183,154.63 per annum.
- Remaining income from other occupiers - £48,594.63 per annum.
- Linnaeus Vets is owned by the US based Mars Petcare.
Executive Summary
Errisberg House comprises an imposing 19th-century property arranged over basement, ground, first, and second floors, together with a modern, purpose-built veterinary hospital constructed in 2019. The combined accommodation extends to approximately 10,500 sq ft and is let to multiple occupiers, including Linnaeus Vets, one of the UK’s largest veterinary groups, generating a total annual income of £183,154.63. The freehold interest is available for sale at offers in the region of £2.75 million, presenting a rare opportunity to acquire a prominent mixed-use investment with strong covenant strength.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
16,183 SF
Building Class
B
Year Built/Renovated
1850/2019
Price
$4,715,570 CAD
Price Per SF
$291.39 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,092 SF
Building FAR
0.25
Lot Size
1.50 AC
Parking
14 Spaces (0.87 Spaces per 1,000 SF Leased)
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Errisberg House | Barton Turn
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