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For Sale£1,100,000.00

For Sale. Fully let self contained office. Excellent Covenant.

, 5916
Tenure: Investment Opportunity
Size: 5916
Price: £1,100,000.00
Location: Unit 4, Digital Park, 3 Pacific Way, M50 1DR
The investment opportunity comprises of an office building on the well-established Digital Park. The wider park extends to seven buildings providing a total of 35,824 sq ft with onsite parking set within a secured and landscaped environment. The buildings are built over two floors in a traditional style with a mixture of brick and glazed elevations under pitched roofs and provide modern open plan accommodation.

The tenant is John Graham Construction Ltd. They are on a 10 year lease FR+I Lease from August 2016 with a 5 year break/review.

The current rent payable is £94,656 p.a.

For the year ending 31/03/2016 they reported a turnover of £437m, a pre-tax profit of £8m and a net worth of £22.6m.
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