28D Ludgate Hl | Birmingham B3 1DX
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28D Ludgate Hl
Birmingham B3 1DX
Ludgate House · Office Property For Sale
Investment Highlights
- WC and kitchen facilities
- Gas-fired central heating
- Mixture of open plan and cellular space
Executive Summary
We are inviting offers in the region of £850,000 for the valuable freehold interest.
The building is being sold with the benefit of the existing commercial tenancies on the first and second floor elements, which provide a rental income of £40,880.
The building is being sold with the benefit of the existing commercial tenancies on the first and second floor elements, which provide a rental income of £40,880.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
3,643 SF
Building Class
B
Year Built/Renovated
1911/1980
Price
$1,063,404
Price Per SF
$292
Cap Rate
4.81%
NOI
$51,143
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,214 SF
Amenities
- 24 Hour Access
- Controlled Access
- Security System
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