Gloucester Business Park - Office FOR SALE


Gloucester, GLS GL3 4AA
$19,350,000 USD
145-293-0164
Gloucester Business Park, Gloucester, GLS for Sale
$19,350,000 USD
Office - FOR SALE
1/16
null | 7.75% Cap Rate

Gloucester Business Park
Gloucester, GLS GL3 4AA


OVERVIEW

Instructed to seek offers in excess of £19,350,000 for the freehold interest, subject to contract and exclusive of VAT. Assuming purchaser’s costs of 6.75%, an acquisition at this level reflects an attractive net initial yield of 7.75% and a low capital value of £297 per sq ft on Javelin House only.

FOR SALE DETAILS

PRICE

$19,350,000 USD

PRICE/SF

$373 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Javelin House

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

224

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial

APN/PARCEL ID

GR400913

ASK ABOUT THIS PROPERTY

Oliver StrettonAlder King LLPMore Info
145-293-0164

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Oliver StrettonAlder King LLPMore Info
145-293-0164

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