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Wisteria House Market Sq 3,389 SF 100% Leased Office Building Petworth GU28 0AH $968,790 CAD ($285.86 CAD/SF) 5.05% Cap Rate
INVESTMENT HIGHLIGHTS
- Grade II listed building
- Situated in the centre of Petworth, on market square
- Let on a long lease to a firm of solicitors
EXECUTIVE SUMMARY
The property comprises a Grade II Listed, substantial three-storey period building, which was originally built in the 1700’s. Internally, the building is currently configured as self-contained office, over ground, first and second floors, together with a basement. Externally, the building benefits from a rear garden, with direct access from the Market Square, and pedestrian access from Trumpers Lane. Within the garden is a small timber structure (referred to as ‘the barn’), which is used for file storage.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
3,389 SF
Building Class
B
Year Built
1700
Price
$968,790 CAD
Price Per SF
$285.86 CAD
Cap Rate
5.05%
NOI
$48,905 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,130 SF
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Wisteria House | Market Sq
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