Drummond Rd | Stafford ST16 3EL
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Drummond Rd
Stafford ST16 3EL
Schott House · Office Property For Sale
Investment Highlights
- Prominent Location
- Good Transport Links
- Close to local amenities
Executive Summary
Seeking offers in excess of £1,595,000 (One Million Five Hundred and Ninety Five Thousand Pounds).
Assuming standard purchaser costs of 6.59%, a purchase at that level reflects:
Net Initial Yield 10.65%
Reversionary yield 12.57%
Capital Value: £50.69 per sq ft
Assuming standard purchaser costs of 6.59%, a purchase at that level reflects:
Net Initial Yield 10.65%
Reversionary yield 12.57%
Capital Value: £50.69 per sq ft
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
31,466 SF
Building Class
B
Year Built
2008
Price
$1,990,019
Price Per SF
$63
Cap Rate
10.65%
NOI
$211,937
Percent Leased
98%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,489 SF
Building FAR
0.65
Lot Size
1.11 AC
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