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Building 1 & 3 Etruria Office Village

2 Office Properties Offered at $5,303,853 in Stoke On Trent

Office Space Staffordshire Stoke On Trent Building 1 & 3 Etruria Office Village

Investment Highlights

  • The subject buildings are located on the Etruria Office Village which forms part of Festival Park
  • The A500 provides access to all main arterial roads in the area
  • Festival Park is located on the junction of the A500 D Road and A53 Etruria Road approximately 1 mile to the west of the City Centre (Hanley)

Executive Summary

Seeking offers in excess of £4,150,000 (Four Million, One Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT for our clients long leasehold interest. A purchase at this level reflects an attractive net initial yield of 8.71%. This includes the landlords rent top up on Building 1. This gives a capital value of £135 per sq. ft.

Attachments

Etruria Office Investment March 23

Property Facts

Price $5,303,853 Number of Properties 2
Price / SF $173.09 / SF Individually For Sale 0
Cap Rate 8.71% Total Building Size 30,643 SF
Sale Type Investment Tenure Long Leasehold
Status Active Total Land Area 0.14 AC
Price $5,303,853
Price / SF $173.09 / SF
Cap Rate 8.71%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 30,643 SF
Tenure Long Leasehold
Total Land Area 0.14 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Building 1
Forge Ln, Stoke On Trent ST1 5RU 		Office 15,409 SF 2006 -
Building 3
Forge Ln, Stoke On Trent ST1 5RU 		Office 15,234 SF 2006 -
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+44 1782 275860

  • Listing ID: 24314640

  • Date on Market: 10/18/2021

  • Last Updated:

  • Address: Building 1 & 3 Etruria Office Village, Stoke On Trent, STS

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Building 1 & 3 Etruria Office Village
+44 1782 275860 x

Building 1 & 3 Etruria Office Village

Andrew Groves

+44 1782 275860

+44 1782 275860

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