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Trellows Investments

sold
  • Off market
  • Freehold
  • Ground, first and second floors providing approximate net floor areas of
    • Ground floor – 1747 sq.ft
    • First floor – 1486 sq.ft
    • Second floor – 258 sq.ft (redeveloped roof space for additional office accommodation)
  • 8 car parking spaces
  • Suspended ceiling with Cat.2 lighting, air-conditioning, carpets, fitted kitchen, alarm, male/female, disabled WCs
  • Let to Stanley Davis Group Ltd who have subsequently been acquired by Dye & Durham Corporation
  • The existing tenant holds a full repairing and insuring lease expiring 12 June 2022 at a current passing rent of £80k per annum.  The tenant has requested a preference for a new lease and has been offered a new 10 year lease with a 5th year mutual break outside the 1954 Landlord and Tenant Act at a commencing rent of £120k per annum exclusive although VP can be available at expiration of current leae.
  • Selling price OIEO of £1,650,000

We will require a buy side fee.

Where we act as a seller’s mandate, we represent the vendors. Our clients wishing to sell their property off-market benefit from impartial advice and a personalised service tailored to their requirements and circumstances. More importantly, we offer sellers unparalleled access to qualified buyers and we ensure that we address the right audience.

In order to achieve the best possible sales result, your property is presented to individual and corporate purchasers, whose buying behaviour and buying power can be backed by a Letter of Intent (LOI) and Proof of Funds (POF). We will provide vendors with professional support throughout the entire process and beyond, including RICS valuations, coordinating viewings, assessing incoming offers, and protecting your interests during sales negotiations.
For further information, luxury property, off-market, off-plan, developments or investments, marketing or help finding your next property please contact us anytime.

Office: +44(0)330 2236988
investments@trellows.co.uk
investments.trellows.com

#investments #developments #residentialdevelopments #residentialinvestments #trellows #trellowsinvestments

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