This is the proposed sale of a business centre, fully tenanted and yielding around £80,000+ of gross income from 7 tenants, all commercial businesses on short-term licences.
The property sits in around 0.35acre and the building is circa. 8,500 sq. ft. in total.
The company shares are offered for disposal at offers on £450,000.
Net Asset Value £250,000. Profits £66,000
The property is valued at £700k. There is further potential to develop and extend the property for greater yield. It is also quite possible that the property would be granted planning permission for residential development.
Please enquire for further details, plans and figures.
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