Department for Works and Pensions Office 6 Callflex Business Park, Dearne Valley Rotherham Yorkshire S63 7ER

Department for Works and Pensions Office
6 Callflex Business Park, Dearne Valley
Rotherham
Yorkshire
S63 7ER

Modern Well Secured Office Investment

Entirely let to Trillium (Prime) Property GP Ltd (sub-let to the Department for Work and Pensions) until 2018
Prestigious business park location
Good car parking for approximately 144 vehicles

Lot
14
Auction
27th May 2010
Rent
Gross: £343,486 per Annum
Status
Withdrawn Prior
Price
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

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Modern Well Secured Office Investment

Entirely let to Trillium (Prime) Property GP Ltd (sub-let to the Department for Work and Pensions) until 2018
Prestigious business park location
Good car parking for approximately 144 vehicles

Lot 14
Auction 27th May 2010
Rent Gross: £343,486 per Annum
Status Withdrawn Prior
Price
Sector
Office
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

Property Information

Location

Estimated District Population: 248,000
Miles: ?9.5 miles north-east of Sheffield; 13 miles south-west of Doncaster; 35 miles south of Leeds
Roads: ?A6023, A633, M1 (Junction 36), A1(M) (Junction 37)
Rail: ?London Kings Cross
Air: Manchester, Leeds Bradford and East Midlands Airports

Situation

The property forms part of Phase II of the Callflex Business Park totalling 6.47 hectares (16 acres) approximately 7.75 miles from Junction 36 of M1 motorway. Other major occupiers in the area include Next, Telecom Services Centres, Yorkshire Forward, Powergen, Ikea, E.ON and Royal Mail.

Tenure

Leasehold.

Location

Estimated District Population: 248,000
Miles: ?9.5 miles north-east of Sheffield; 13 miles south-west of Doncaster; 35 miles south of Leeds
Roads: ?A6023, A633, M1 (Junction 36), A1(M) (Junction 37)
Rail: ?London Kings Cross
Air: Manchester, Leeds Bradford and East Midlands Airports

Situation

Tenure

Leasehold.

Description

A MODERN TWO STOREY OFFICE BUILDING forming an L-shape accessed via a large three storey glass atrium. The accommodation benefits from suspended ceilings, recessed lighting, ventilation ducting, raised floors and an 8-person passenger lift. In addition, there is parking for approximately 144 cars. A new 115 year lease is to be granted from 27th May 2010 expiring on 5th March 2125 at a fixed rent of ?100 per annum. VATVAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground Ground First	Office Reception Office	1,483.46 sq m 111.63 sq m 1,483.46 sq m	(15,967 sq ft) (1,202 sq ft) (15,967 sq ft)	TRILLIUM (PRIME) PROPERTY GP LTD (sub-let to THE DEPARTMENT FOR WORKS AND PENSIONS (DWP)	From 03/01/2003 until 31/03/2018	£343,486	03/01/2008 and 5 yearly
Totals		3,078.55 sq m	(33,136 sq ft)			£343,486

(1) For the year ending 31/03/2009 Trillium (Prime) Property GP Ltd reported a turnover of ?331,182,000 pre-tax profits of ?112,679,000 and a net worth of ?253,915,000. (Source: www.riskdisk.com)