Adwick Park - Office FOR SALE
Rotherham, SYK S63 5NA |
$4,000,000 USD
779-865-6360
Adwick Park
Rotherham, SYK S63 5NA
OVERVIEW
Let to Telecom Service Centres Ltd Tenant option to break March 2029, tenant has been in occupation since 1999.
Rent - £430,000 per annum (only £6.86 per sqft), Rent review in 2029 with minimum uplift to £450,000 and cap of £550,000
Producing a Net Initial Yield of 10.09%.
Underlying capital value of under £64 per sqft
FOR SALE DETAILS
PRICE
$4,000,000 USD
PRICE/SF
$64 USD /SF
CAP RATE
10.09%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Concentrix Call Centre
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
A
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
440
LAND DETAILS
LAND ACRES
19.74 AC
LAND SF
859,856 SF
ZONING
-
APN/PARCEL ID
SYK396739,SYK498142,SYK512218,SYK646837
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779-865-6360
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779-865-6360
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