London Rd
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London Rd
7,873 SF Office Building Newbury RG14 2RD $2,236,565 ($284/SF) 8.57% Cap Rate
Investment Highlights
- Roof mounted 37 kw solar panels
- 40 private car parking spaces
- Eight EV charging points.
Executive Summary
The property is fully let to Freixenet Copestick Limited is a wine importing, distribution and marketing company on a 10 years lease from 23rd November 2018, expiring 22nd November 2028.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
7,873 SF
Building Class
B
Year Built
1988
Price
$2,236,565
Price Per SF
$284
Cap Rate
8.57%
NOI
$191,706
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,873 SF
Building FAR
0.28
Lot Size
0.65 AC
Parking
40 Spaces (5.08 Spaces per 1,000 SF Leased)
Amenities
- Raised Floor
- Security System
- Air Conditioning
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London Rd
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