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Timothys Bridge Rd - Consilium House

1,942 SF Office Condo Unit Offered at $400,829 in Stratford Upon Avon CV37 9NR

Investment Highlights

  • Self Contained Office
  • Close to Stratford Park
  • Light Modern Workspace

Executive Summary

Office 12 was originally is own self-contained office but the previous owners knocked through from office 11 next door to create one open plan space ground and first floor. The current owners are looking to return the building back to its original configuration (at their costs) and sell office 12 as a self-contained office building with vacant possession. The building itself is a modern construction built in 2008, in recent times the building has been upgraded with new air conditioning units and LED lights.

Property Facts

Price $400,829
Unit Size 1,942 SF
No. Units 1
Total Building Size 3,884 SF
Property Type Office (Condo)
Sale Type Owner User
Building Class B
Floors 2
Typical Floor Size 1,942 SF
Year Built 2000
Tenancy Single
Lot Size 0.60 AC
Parking Ratio 3.35/1,000 SF

1 Unit Available

Unit 11

Unit Size 1,942 SF
Price $400,829
Price Per SF $206.40
Condo Use Office
Sale Type Owner User
Tenure Long Leasehold
Cap Rate 8.10%
NOI $32,467.13
Description

Office 11 was originally is own self-contained office but the previous owners knocked through from office 12 next door to create one open plan space ground and first floor space.

Sale Notes

The property is long leasehold but the Freeholder has indicated they would sell the Freehold interest should any purchaser be interested.

Office 11 was originally is own self-contained office but the previous owners knocked through from office 12 next door to create one open plan space ground and first floor.
The current owners are going to return the building back to its original configuration (at their costs) and we have agreed a sale on office 12 with the building works to return 11 and 12 to separate offices commencing soon.
The property is offered on long leasehold basis or the Freeholder of the estate has offered the sale of the Freehold for £20,000 plus the agents and legal fees of £3,600.
All prices are plus VAT.

Amenities

  • Energy Performance Rating - D
  • Listing ID: 32104410

  • Date on Market: 6/12/2024

  • Last Updated:

  • Address: Timothys Bridge Rd, Stratford Upon Avon CV37 9NR

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