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Holloway House, Epsom Square, White Horse Business Park, Trowbridge, Wiltshire

For sale: £900,000.00|8,032 Sq Ft|Other, Other Property Types & Opportunities

Property details

FOR SALE£900,000.00
SIZE8,032 Sq Ft
ADDRESSHolloway House, Epsom Square, White Horse Business Park, Trowbridge, Wiltshire
TYPEOther, Other Property Types & Opportunities
TENUREUnder Offer, For Sale Freehold
POSTED ON27th November 2024

Description

High Yielding Multi Let Office Investment Opportunity.

Summary:
- Situated on White Horse Business Park, West Wiltshire's premier business park.
- Modern two storey office building providing a total NIA of 8,032 Sq Ft.
- Held long leasehold on a 999-year lease at a peppercorn from 24th June 2001.
- Fully let to three tenants; Wiltshire Friendly; Acheson and Acheson; Medvivo.
- Currently producing £80,320 per annum (£10 per Sq Ft).
- We are instructed to seek offers in excess of £900,000 reflecting an attractive net initial yield of 8.45% assuming purchasers' costs of 5.63%.
- A purchase at this level reflects a low capital value of £112.05 per Sq Ft.


Holloway House is a two storey, self-contained office building of traditional steel portal frame construction with profile steel elevations under a pitched profile metal sheet roof. Constructed in the 1990s to a high specification and includes:

- Full height glazed entrance foyer
- Four person passenger lift
- Air conditioning
- Fully accessible raised floors
- WCs on each floor
- Attractive parkland setting with well-maintained landscaped areas

The property includes 38 car spaces providing an excellent parking ratio of 1:211 Sq Ft.
( Agency Pilot Software ref: 20012288 )

Location

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Location: Holloway House, Epsom Square, White Horse Business Park, Trowbridge, Wiltshire

Trowbridge (1.7 miles)

Westbury (Wilts) (2.2 miles)

Bradford-on-Avon (4.1 miles)

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