Imperial Buildings | King St
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Imperial Buildings King St
11,333 SF 32% Leased Office Building Wrexham LL11 1HE $760,456 ($67/SF) 9.25% Cap Rate
Investment Highlights
- Street Level Investment For Sale
- Income: £58,250 per annum
- Good construction and provide modern open plan retailing space
Executive Summary
Street level investment for sale. The property is held freehold subject to the tenancies.
We are instructed to seek of offers of £600,000, Subject to Contract and exclusive of VAT. Purchases of this level would reflect a net initial yield of 9.25%. After costs.
We are instructed to seek of offers of £600,000, Subject to Contract and exclusive of VAT. Purchases of this level would reflect a net initial yield of 9.25%. After costs.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
11,333 SF
Building Class
C
Year Built
1974
Price
$760,456
Price Per SF
$67
Cap Rate
9.25%
NOI
$70,342
Percent Leased
32%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,778 SF
Building FAR
1.00
Land Acres
0.26 AC
Parking
3 Spaces (0.26 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Accent Lighting
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
The space compromises 4,452 sf of second floor office accommodation.
The space compromises 4,452 sf of second floor office accommodation.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,246 SF | Office | Shell Space | Now |
| 2nd Floor | 4,452 SF | Office | Shell Space | Now |
1st Floor
| Size |
| 3,246 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
2nd Floor
| Size |
| 4,452 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 3,246 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
The space compromises 4,452 sf of second floor office accommodation.
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Floor
| Size | 4,452 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
The space compromises 4,452 sf of second floor office accommodation.
1 of 1
-
Robbie Clarke -
BA Commercial
Learn More About Investing in Office Space
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Imperial Buildings | King St
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