Virtual Freehold Office Investment
Virtual Freehold Office Investment
The property is situated on an established office park, near the town centre and station. Other occupiers in the vicinity include Hart Brown Solicitors, Bristow Burrell Accountants and Zenon Aviation Recruitment.
Virtual Freehold. for a term of 999 year lease from 25th March 1989, at a peppercorn rent. The principle of the purchase of the Freehold has been agreed by the seller.
The property is situated on an established office park, near the town centre and station. Other occupiers in the vicinity include Hart Brown Solicitors, Bristow Burrell Accountants and Zenon Aviation Recruitment.
Virtual Freehold. for a term of 999 year lease from 25th March 1989, at a peppercorn rent. The principle of the purchase of the Freehold has been agreed by the seller.
The property, constructed in the late 1980s, comprises a two-storey purpose built office forming part of a terrace of buildings. The accommodation benefits from suspended ceilings, underfloor trunking and double glazing. The property also benefits from 5 allocated parking spaces in the immediate vicinity.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property, constructed in the late 1980s, comprises a two-storey purpose built office forming part of a terrace of buildings. The accommodation benefits from suspended ceilings, underfloor trunking and double glazing. The property also benefits from 5 allocated parking spaces in the immediate vicinity.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Unit | Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | (Reversion) | |
|---|---|---|---|---|---|---|---|---|
| 5 | Ground First |
Office Office |
60.66 sq m 71.72 sq m |
(653 sq ft) (772 sq ft) |
WESTPAC BANKING CORPORATION (1) (2) |
25 years from 25/03/1989 | £36,250 | (2014) |
| Totals | 132.38 sq |
(1,425 sq ft) |
£36,250 | |||||
(1) The tenant has sub-let the property to The National Centre for Domestic Violence. (www.ncdv.org.uk )
(2) For the year ending 30th September 2011, Westpac Banking Corporation reported a pre-tax profit of £7,972,000,000 and a total net worth of £26,685,000,000. (Source: www.riskdisk.com 22/09/2011)
By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.
If you have a query, please fill in the box below, otherwise click the Submit button.
We will keep you updated about lot xthis property.
In the meantime, if you would like to speak to the Surveyor about this property, please call on .
Are you sure you want to remove this property from your Watch List?
Are you sure you are no longer interested in this property?
Are you sure you want to delete your Account?
