Blackbrook Park Ave - Office FOR SALE


Taunton, SOM TA1 2PX
$1,095,000 USD
Blackbrook Park Ave, Taunton, SOM for Sale
$1,095,000 USD
Office - FOR SALE
1/8
null | 7.52% Cap Rate

Blackbrook Park Ave
Taunton, SOM TA1 2PX


HIGHLIGHTS

  • Good parking ratio – 1:200 sq ft
  • Low Grade A office vacancy on Blackbrook Business Park
  • Freehold multi-let office building on Somerset’s premier office park just off J25 of the M5

OVERVIEW

Seeking offers in the region of £1,095,000 exclusive of VAT reflecting a Net Initial Yield of 7.52% (assuming purchasers' costs of 6.84%). The property is available on a freehold basis with the benefit of the occupational leases. There is an estate management company who maintain the wider estate, with and estate charge recovered from the individual building owners/occupiers.

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

7.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kingston House

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

ST300899,ST375673,ST383675

ASK ABOUT THIS PROPERTY

Andrew MaynardAlder King LLPMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Andrew MaynardAlder King LLPMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.