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Stargate Business Centre Stourbridge Rd 8,969 SF 100% Leased Office Building Bridgnorth WV15 5BA $1,673,579 CAD ($186.60 CAD/SF) 8.42% Cap Rate
Investment Highlights
- Potential for future asset management opportunity
- Multi let income producing Office/commercial investment
- Generous provision of onsite car parking spaces
Executive Summary
The property comprises of a well-maintained spread risk multi let investment that provides a variety of office and business space with a potential annual income of £75,700 (with the benefit of rent guarantees). The property is in part two and part single storey construction and is arranged to provide a Total Net Internal Floor Area of 8,969 ft sq (833.17 m sq).
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
8,969 SF
Building Class
B
Year Built
1974
Price
$1,673,579 CAD
Price Per SF
$186.60 CAD
Cap Rate
8.42%
NOI
$140,915 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,485 SF
Building FAR
0.47
Lot Size
0.44 AC
Amenities
- Courtyard
- Storage Space
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Stargate Business Centre | Stourbridge Rd
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