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Peppercorn Clos 4,150 SF Office Condo Unit Offered at $967,292 CAD in Peterborough PE1 2DU
INVESTMENT HIGHLIGHTS
- Prominent Business Location
- High Ceilings
- Solid Transport Links
EXECUTIVE SUMMARY
4 Blenheim Court is a modern office building. The property is arranged over ground and first floors
PROPERTY FACTS
| Total Building Size | 28,443 SF | Typical Floor Size | 3,570 SF |
| Property Type | Office (Condo) | Year Built | 1985 |
| Building Class | B | Lot Size | 0.21 AC |
| Floors | 2 | Parking Ratio | 0.46/1,000 SF |
| Total Building Size | 28,443 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 3,570 SF |
| Year Built | 1985 |
| Lot Size | 0.21 AC |
| Parking Ratio | 0.46/1,000 SF |
AMENITIES
- Bus Line
- Controlled Access
- Security System
- Signage
- Accent Lighting
- Energy Performance Rating - D
- Storage Space
1 UNIT AVAILABLE
Unit 4
| Unit Size | 4,150 SF | Sale Type | Investment |
| Price | $967,292 CAD | Tenure | Freehold |
| Price Per SF | $233.08 CAD | Cap Rate | 10.29% |
| Condo Use | Office | NOI | $99,534.38 CAD |
| Unit Size | 4,150 SF |
| Price | $967,292 CAD |
| Price Per SF | $233.08 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 10.29% |
| NOI | $99,534.38 CAD |
DESCRIPTION
4 Blenheim Court is a modern office building providing a number of small office suites let on an ‘all-inclusive’ basis. The property is arranged over ground and first floors and provides a total of 19 suites ranging in size from 108 sq ft to 463 sq ft. The building provides communal WC and kitchen facilities, a pre-bookable
meeting room, gas fired central heating, comfort cooling to some suites, LED lighting and perimeter trunking, an entry phone system, wi-fi, and allocated parking.
SALE NOTES
Current gross income is £61,704 per annum. ERV when fully let is £77,484 per annum. Net income for year ending September 2025 was £56,618.98. A copy of the Income and Expenditure Statement for 2023/4 and 2024/5 is available upon
request. £525,000 for the freehold interest subject to the existing tenancies, representing a Net Initial Yield of 10.29% after an allowance for purchasers costs.
Presented by
Peppercorn Clos
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