1,625 sq ft Investment Property, Offices, For Sale
|Property Type||Investment Property, Offices|
|Size||1,625 sq ft|
|Freehold Price||Offers in the region of £385,000|
Ancells Court is a purpose built small unit office scheme located within the established Ancells Business Park. Local shopping facilities are a short walk away within nearby Ancells Farm.
Ancells Business Park is situated equidistant between Fleet town centre to the south and junction 4a of the M3, to the east. Fleet mainline station is within 1 mile distance and provides a fast and regular service to London Waterloo (42 mins).
Let to Operatix Ltd (Co No 07906966) on a full repairing basis, for a term expiring 8th July 2022. The original term being 10 yrs from 2012 with a tenant break in July 2017. Current rent £28,100 per annum excl VAT, rates and all outgoings. The last review was in July 2017, the previous rent was £26,250 pax. Founded in 2012 Operatix is a private limited company. Operatix are a sales acceleration organisation that provides customised sales programs for technology companies. Copies of last 3 years filed accounts are available on request.
The property offers the following accomodation;
|Area||Use||Sq. Ft.||Sq. M|
Note; these areas are on a net internal measured basis.
The building has a main front door which leads to the entrance lobby for the ground floor offices and internal staircase to the first floor. The tenant has fitted out the ground floor to provide a number of high quality meeting rooms. The first floor mainly comprises of an open plan office suite with 2 small partitioned offices areas. A small kitchen/tea point is also provided within this first floor area.
Toilet facilities are provided on each floor.
The offices benefit from comfort cooling and central heating. The ground floor offices have suspended ceilings with recessed lighting. The first floor offices have a spacious vaulted timber clad ceiling, which may provide opportunity to build additional space within the roof area.
Freehold for sale subject to the existing lease to Operatix expiring in July 2022. Offers invited in the region of £385,000 (three hundred and eighty five thousand pounds). This reflects a net yield to a buyer of 7% after buyers costs.