Axis House | High St
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Axis House High St
4,172 SF Office Building Newbury RG20 6NL $562,979 ($135/SF) 8.89% Cap Rate
Investment Highlights
- Prominent main road location
- Connectivity to nearby M4
- Approximately 16 parking spaces
Executive Summary
Axis House comprises a two storey office building.
The accommodation on the ground floor is mainly open plan with the first floor having a number of offices. Storage space has been created in the eaves of the property along the rear flank wall.
There are male and female toilet facilities on each floor with a main kitchen to the ground floor and tea point to the first floor.
The accommodation on the ground floor is mainly open plan with the first floor having a number of offices. Storage space has been created in the eaves of the property along the rear flank wall.
There are male and female toilet facilities on each floor with a main kitchen to the ground floor and tea point to the first floor.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
4,172 SF
Building Class
B
Year Built/Renovated
1980/2015
Price
$562,979
Price Per SF
$135
Cap Rate
8.89%
NOI
$50,043
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,086 SF
Building FAR
1.67
Lot Size
0.06 AC
Parking
16 Spaces (3.84 Spaces per 1,000 SF Leased)
Amenities
- Energy Performance Rating - D
- Storage Space
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Axis House | High St
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