Description -

The premises comprise an attractive Grade II Listed mid terrace building comprising various executive office suites arranged over three floors. The offices are laid out to modern standard with direct frontage to Easton Street. There is secondary access to the rear through St John's Court and the Courtyard. There are a total of 11 car parking spaces.

INVESTMENT SUMMARY

The total annual income currently receivable from all of the tenancies is £37,354 per annum. This excludes the car parking. The premises are let on short term leases a number of which expire by the end of 2023 with Room 6 on the first floor expiring in February 2025. A full tenancy schedule is available on request.

Accommodation -

The premises provide the following accommodation measured on a net internal area basis: -

Basement 23.31 m2 / 250.91 sq. ft.

Ground Floor
Reception 14.79 m2 / 159.24 sq. ft.
Offices 107.22 m2 / 1,154.20 sq. ft.

First Floor
Offices 140.08 m2 / 1,507.88 sq. ft.

Second Floor
Offices 26.21 m2 / 282.17 sq. ft.

Total 311.63 m2 / 3,354.40 sq. ft.

Terms -

Our clients seek offers of £560,000 for their long leasehold interest, plus VAT

The long lease is for a term of 125 years less 10 days from the 13th March 1983. There are 85 years unexpired as of this year. The rent is £1.00

Rateable Value -

The building currently has nine separate Rateables Values as of 1st April 2023 which can be viewed at www.gov.uk/find-business-rates

Energy Performance Rating -

The EPC rating for this property is E-107.