INVESTMENT INSTRUCTION
Misrepresentation Act 1967. These particulars
are intended only to give a description of the property and do
not form the basis of a contract or any part thereof. These descriptions
and all other information are believed to be correct but their
accuracy is in no way guaranteed.
|
 |
|
1 2 3 4 5 6 7 Next
|
|
| |
|
|
| Property : |
Office |
| Status : |
Available |
| |
 |
| Description :
|
Paddington is a popular commercial and residential area situated ½ mile north of Hyde Park. The area has developed significantly, in recent years there have been a number of high profile developments in the area that include West End Quay and Paddington Basin Scheme. Praed Street is located just off Edgware Road, that forms part of the busy A5 trunk road, one of the main arterial routes running into Central London from the north and Junction 1 of the M1 motorway approximately 5 miles (8 kilometres) north - west of Marble Arch. Paddington mainline Station, Edgware Road Underground Station (Bakerloo Line, District, Circle) and Marble Arch (Central Line) are all within close proximity and numerous bus routes are accessible from Edgware Road.
The building is located on the south side of Praed Street between Sale Place and Norfolk Place. The property is located opposite the new residential and commercial development, West End Quay. Nearby occupiers include Tesco, William Hill, Superdrug and Carphone Warehouse.
The property was developed as part of a terrace & now comprises a series of adjoining buildings of concrete frame construction with brick cladding built in the 1980’s with accommodation arranged over basement, ground and four upper floors. |
| Tenancy : |
See marketing particulars for full details |
| Tenure : |
Freehold |
| Price : |
£ 8,000,000 |
| NIY : |
Assuming an ERV of £770,000 a purchase at this price will show a net initial yield of 9.1% after allowing for purchaser’s cost’s of 5.75%
|
|
|
View Brochure |
| |
|
| Property : |
Office |
| Status : |
Available |
| |
 |
| Description :
|
The property is located in Dorking, a prosperous South East commuter town.
• Situated in a prominent position, adjacent to Dorking railway station.
• Substantial office building comprises 2,607 sq m (28,067 sq ft).
• Excellent car parking ratio of 1:26.6 sq m (1:286 sq ft).
• Let to Biwater Plc for a term of 13.5 years.
• Leasehold Interest – 103 years unexpired at a geared 15% ground rent.
• Rent passing £550,000 per annum equates to £19.60 per sq ft overall.
|
| Tenancy : |
13.5 years remaining |
| Tenure : |
Leasehold |
| Price : |
£ 6,700,000 |
| NIY : |
7% asssuming purchasers of 1.75% for the sale of the off shore SPV
|
|
|
View Brochure |
| |
| |
| |
|
|
1 2 3 4 5 6 7 Next
|
|
|
