Rudgeway House Chester Rd
12,528 SF 100% Leased Office Building Castle Bromwich B36 0ET $1,594,876 ($127.30/SF) 10.07% Cap Rate
INVESTMENT HIGHLIGHTS
- Electronic shutter gate
- Communal vehicular access to the rear
- Communal parking provision at the front of the property
- Popular retail location
EXECUTIVE SUMMARY
Offers in excess of £1,230,000 (One Million Two Hundred and Thirty Thousand Pounds) subject to contract, reflecting a Net Initial Yield of 10.07% after purchases costs of 5.95%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
12,528 SF
Building Class
C
Year Built
1980
Price
$1,594,876
Price Per SF
$127.30
Cap Rate
10.07%
NOI
$160,604
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,176 SF
Building FAR
0.90
Lot Size
0.32 AC
AMENITIES
- Automatic Blinds
- Storage Space
1 of 1
