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Redmond House, 1 Fern Court, Bracken Hill Business Park,, Peterlee, SR8 2RR

For sale: POA|33516 Sq Ft|Office, Offices

PROPERTY DETAILS

FOR SALEPOA
SIZE33516 Sq Ft
ADDRESSRedmond House, 1 Fern Court, Bracken Hill Business Park,, Peterlee, SR8 2RR
TYPEOffice, Offices
TENUREFor Sale Freehold, For Sale Leasehold
POSTED ON8th August 2019

DESCRIPTION

Single Office Investment For Sale

The property comprises a modern, detached, two-storey office building constructed in 1998 of steel frame construction with brick elevations, steel framed double glazed windows beneath a pitched roof.

The property is located within Bracken Hill Business Park, a well-established office/call centre location. The property is accessed to the south-west of peterlee approximately 1 mile from the peterlee junction of the A19.

Summary
The property comprises a modern, detached, two-storey office building constructed in 1998 of steel frame construction with brick elevations, steel framed double glazed windows beneath a pitched roof. The property is located within Bracken Hill Business Park, a well-established office/call centre location. The property is accessed to the south-west of peterlee approximately 1 mile from the peterlee junction of the A19.

Modern detached two-storey office building totalling 33,516 sq ft

Single let office investment

Well established office/call centre location

High net initial yield of 17.7%

Low capital value of £59.67 psf

Double height reception

One 8 person passenger lift

Central heating

2.7m clear floor to ceiling height

Category II lighting

Full raised access floors

Male/female WCs on each floor including disabled WCs

Showers

EPC Rating - C- 61

LOCATION

Location: Redmond House, 1 Fern Court, Bracken Hill Business Park,, Peterlee, SR8 2RR

Seaham (6.0 miles)

Hartlepool (7.8 miles)

Durham (8.8 miles)

AGENT'S DETAILS

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