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Lustleigh Clos - Mulberry Court Unité de condo • Bureau • 3 227 pi² • À vendre 779 859 $ CAD • Exeter EX2 8PW
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Mid terraced, well presented office units on established Business Park location
- Circa 1,600 sq. ft each (Total: 3,200 sq.ft)
- Total rent: £36,000 per annum
- Fully income producing
- 12 allocated parking spaces
- Guide Price: £415,000 which reflects net initial yield of approx. 8.32% after purchasers costs
RÉSUMÉ DE L'ANNONCE
Unit 8 & 9 Mulberry Court are 2 self contained mid terrace office units and provide well presented offices on ground and first floors accessed via a lobby. There is a disabled WC on the ground floor with a kitchen and a further WC on the first floor. The Marsh Barton Trading Estate, and its newer extension, Matford Park, is located to the southern edge of the city on the west side of the River Exe, and is the largest and most established estate. It is well served by road links both within and from outside the city boundaries, particularly the A30 and A38 which link to the M5 motorway. The estate is particularly popular with the motor trade industry and trade counter operators and has been further extended by the Matford Green development in recent years. The property is located in a 1980s development known as Mulberry Court, which is accessed from Lustleigh Close, a no-through road leading off Matford Park Road. Mulberry Court comprises a terrace of ten office units, and occupiers include Passmore Care, Coastal Recycling and Oak First Investments.
FAITS SUR LA PROPRIÉTÉ
| Taille totale du bâtiment | 16 500 pi² | Superficie de plancher typique | 8 250 pi² |
| Type de propriété | Bureau (Condo) | Année de construction | 1995 |
| Classe d’immeuble | B | Taille du lot | 0,48 AC |
| Planchers | 2 | Ratio de stationnement | 4,21/1 000 pi² |
| Taille totale du bâtiment | 16 500 pi² |
| Type de propriété | Bureau (Condo) |
| Classe d’immeuble | B |
| Planchers | 2 |
| Superficie de plancher typique | 8 250 pi² |
| Année de construction | 1995 |
| Taille du lot | 0,48 AC |
| Ratio de stationnement | 4,21/1 000 pi² |
COMMODITÉS
- Éclairage accentué
- Cote de rendement énergétique - C
- Chauffage central
- Toilettes privées
- Éclairage encastré
- Plafond suspendu
- Climatisation
1 UNITÉ DISPONIBLE
Unité 8 & 9
| Taille de l’unité | 3 227 pi² | Type de vente | Investissement |
| Prix | 779 859 $ CAD | Ancienneté | Bail long |
| Prix par pi² | 241,67 $ CAD | Nbre d’espaces de stationnement | 12 |
| Utilisation du condo | Bureau |
| Taille de l’unité | 3 227 pi² |
| Prix | 779 859 $ CAD |
| Prix par pi² | 241,67 $ CAD |
| Utilisation du condo | Bureau |
| Type de vente | Investissement |
| Ancienneté | Bail long |
| Nbre d’espaces de stationnement | 12 |
DESCRIPTION
The property comprises 2 self contained office buildings which are contiguous.
The offices are mainly open plan, but with some demount able partitioning. The specification includes:
- Large double glazed windows to front and rear
- Gas fired central heating
- Suspended ceilings with LED lighting
- Wall mounted power & data
- Security & fire alarms
- Unit 9 benefits from air conditioning throughout
Each unit has 6 allocated parking spaces in the shared car park.
NOTES SUR LA VENTE
The property is offered for sale by way of a long leasehold (expiring 1st July 2114), at a guide price of £415,000. Subject to the occupational leases providing a total annual income of £36,000 as set out below. Please contact sole agent for further details.
Lease terms:
Unit 8 - The property is held by way of a lease to Ishelp.co.uk Ltd for a term of 10 years from 17th August 2022, on an Full Repairing and Insuring basis. The passing rent is £17,750 per annum, subject to a review in August 2027. A tenant only break option is also included, 17th August 2027.
Unit 9 - The property is being sold with the benefit of a lease to Luxury Coastal Ltd for a term of 6 years from 1st November 2021, on an Full Repairing and Insuring basis. The passing rent is £18,250 per annum. An estate charge is payable by the tenant—the current charge for each unit is available on request.
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Lustleigh Clos - Mulberry Court
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