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Wisteria House Market Sq 3,389 SF 100% Leased Office Building Petworth GU28 0AH $968,320 CAD ($285.72 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 Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
3,389 SF
Building Class
B
Year Built
1700
Price
$968,320 CAD
Price Per SF
$285.72 CAD
Cap Rate
5.05%
NOI
$48,882 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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