Unit 15 Interface Business Park Royal Wootton Bassett, SN4 8SY

For sale £937,500 10,000 sq ft ~Space for 93 people (est)
14 days ago. Keningtons
Full address
Unit 15 Interface Business Park Royal Wootton Bassett, SN4 8SY - Royal Wootton Bassett
Contact details
Asking price
£937,500
Property type
Office for sale
Features
Business park, Car park, Climate control, Open plan, Train transport
Size
10,000 sq ft
Estimated space
93 people
This value is estimated based on allocating 108 sq ft per person for office space
Tenure
Freehold
NIY (%)
7.57

• Interface Business Centre is an established and high quality office scheme situated within 2 miles of J16 of the M4 Motorway.
• A two storey office building of 5,463 sq.ft. within a scheme of 6 similar units on the Interface Business Park.
• Let jointly to Quick Move Properties Limited and Quick Move Now Limited on a 15 year lease from 22 June 2007 at a passing rent of £45,000 per annum increasing to £75,000 per annum exclusive on 22 June 2017. 5.5 years unexpired.
• The two occupying companies are jointly and individually liable for the tenant’s obligations under the lease. Quick Move Now Limited is a strong covenant.
• We are instructed to seek offers in the region of £937,500 exclusive which following the agreed rental uplift in June 2017 reflects a net initial yield of 7.57% after costs of 5.68 %. CV of £169 psf.
• Adjoining unit 14 is currently vacant, and could also be purchased for a larger lot size.
• Interface Business Centre is an established and high quality office scheme situated within 2 miles of J16 of the M4 Motorway.
• A two storey office building of 5,463 sq.ft. within a scheme of 6 similar units on the Interface Business Park.
• Let jointly to Quick Move Properties Limited and Quick Move Now Limited on a 15 year lease from 22 June 2007 at a passing rent of £45,000 per annum increasing to £75,000 per annum exclusive on 22 June 2017. 5.5 years unexpired.
• The two occupying companies are jointly and individually liable for the tenant’s obligations under the lease. Quick Move Now Limited is a strong covenant.
• We are instructed to seek offers in the region of £937,500 exclusive which following the agreed rental uplift in June 2017 reflects a net initial yield of 7.57% after costs of 5.68 %. CV of £169 psf.
• Adjoining unit 14 is currently vacant, and could also be purchased for a larger lot size.
• Interface Business Centre is an established and high quality office scheme situated within 2 miles of J16 of the M4 Motorway.
• A two storey office building of 5,463 sq.ft. within a scheme of 6 similar units on the Interface Business Park.
• Let jointly to Quick Move Properties Limited and Quick Move Now Limited on a 15 year lease from 22 June 2007 at a passing rent of £45,000 per annum increasing to £75,000 per annum exclusive on 22 June 2017. 5.5 years unexpired.
• The two occupying companies are jointly and individually liable for the tenant’s obligations under the lease. Quick Move Now Limited is a strong covenant.
• We are instructed to seek offers in the region of £937,500 exclusive which following the agreed rental uplift in June 2017 reflects a net initial yield of 7.57% after costs of 5.68 %. CV of £169 psf.
• Adjoining unit 14 is currently vacant, and could also be purchased for a larger lot size.

This office for sale is located in Royal Wootton Bassett

Search for all available commercial properties for sale in Royal Wootton Bassett

Map not available

Loading...

National rail 7.6m Swindon
Nearest airport 60.2m Bristol

Street view not available

Loading...

Loading

Contact property agent

By submitting this form, you accept our Terms & conditions & Privacy policy Please note that Realla will send the above details to Keningtons only.

Area scores

Leisure

Retail

Transport: Bus

Transport: Car

Transport: Airport

Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Keningtons. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Keningtons for full details and further information.