Spa Place | 36-42 Humberstone Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Spa Place 36-42 Humberstone Rd
22,683 SF Office Building Leicester LE5 0AE $2,594,904 ($114/SF) 7.32% Cap Rate
Investment Highlights
- Prime Investment / Potential For Alternative Uses
- Price: £2,050,000 to reflect an attractive initial yield of 7.32%
- Let to Rothera Bray LLP Solicitors
Executive Summary
We are instructed to seek offers of £2,050,000 for this valuable investment property that would show to a purchaser an initial gross yield of 7.32%, or after purchaser's costs - 6.88%, and a competitive vacant possession value of £90.37 per sq ft.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
22,683 SF
Building Class
B
Year Built/Renovated
1872/1999
Price
$2,594,904
Price Per SF
$114
Cap Rate
7.32%
NOI
$189,947
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
5,671 SF
Parking
38 Spaces (1.68 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Security System
- Storage Space
1 of 1
-
Peter Doleman -
Innes England Ltd
Learn More About Investing in Office Space
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Spa Place | 36-42 Humberstone Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.