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Offices for sale in SN4

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6 offices

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

    Office for sale

    • £937,500
    • 10,000 sq ft 93 people
    • Business park
    • Car park
    • Climate control
    • Open plan
    • Train transport

    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.