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For Sale£4,220,000.00

Modern Office Investment Opportunity

Office, Offices , 21482 Sq Ft
Property type: Office, Offices
Tenure: Investment Opportunity, For Sale Freehold
Size: 21482 Sq Ft
Price: £4,220,000.00
Location: Building 6, Drakes Meadow Business Park, Swindon, SN3 3LL
Modern Office Investment Opportunity Investment

- Modern, well specified two-storey office building extending to 21,482 sq ft, with excellent car parking provisions.
- Constructed in 2002 to a high specification.
- Situated adjacent to the A4312 providing quick and easy access to junction 15 of the M4 just 4 miles to the south.
- Conveniently located for Swindon Town Centre and Swindon Railway Station both under a mile from the property.
- Freehold.
- Let to the strong covenant of Thrings LLP, one of the UK’s top 100 law firms with offices in London, Swindon, Bristol and Bath.
- Full repairing and insuring lease to Thrings LLP until 24/12/2021 (3.9 years unexpired).
- Rent passing £405,000 per annum.
- The property is Thrings company headquarters, they have been in occupation for over 15 years, during which they have invested heavily in the building, demonstrating their commitment to this location.
- Seeking offers of £4,220,000 (Four Million Two Hundred and Twenty Thousand Pounds) reflecting an attractive net initial yield of 9.00% assuming purchasers costs of 6.55%.
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