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Trent House Meadowbank Way

3,181 SF Office Building Eastwood NG16 3SB $485,127 ($153/SF) 7.61% Cap Rate

Investment Highlights

  • 15 dedicated car parking spaces
  • Modern detached office building extending to approximately 3,181 sq ft (NIA)
  • Excellent business park location adjacent with the A610

Executive Summary

The property comprises a self-contained modern office building,
arranged over two floors and configured to provide a combination of both open plan accommodation and cellular office suites
suitable for private meeting rooms and board rooms.
Fully let to HSP Consulting Engineering for a term of 10 years, expiring 06 September 2025 at a passing rent of £30,000 per annum

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
3,181 SF
Building Class
B
Year Built
1994
Price
$485,127
Price Per SF
$153
Cap Rate
7.61%
NOI
$36,918
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,591 SF
Parking
17 Spaces (5.34 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Storage Space
  • Listing ID: 33433214

  • Date on Market: 10/7/2024

  • Last Updated:

  • Address: Meadowbank Way, Eastwood NG16 3SB

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