Office for sale

Bridgwater HouseViables Business ParkJays Close,Basingstoke,RG22 4AX

£2,250,000
18,725 sq. ft.

Property Description

Commercial information

  • 18,725 sq ft (1,739 sq m)
  • Use class orders: B1 Business

Key features

  • OFFICE INVESTMENT FOR SALE
  • LOCATED ON THE HIGHLY REGARDED VIABLES BUSINESS PARK
  • PROMINENTLY LOCATED
  • 86 PARKING SPACES
  • STRONG COVENANTS
  • NET INCOME 184,247.36 PER ANNUM
  • LONG LEASEHOLD INTEREST WITH UP TO 135 YEARS UNEXPIRED

Full description

Tenure: Leasehold

OFFICE INVESTMENT FOR SALE - 18,725 sq ft (1,740 sq m), measured net internal.

Bridgwater House was constructed in 2000 and remains a modern building providing air conditioned offices arranged over ground and two upper floors. The building is understood to be a concrete framed structure with cavity brickwork elevations and double glazed windows under a pitched slate roof. It offers 86 parking spaces with an excellent overall parking ratio of 1:218 sq ft. Internally the property includes the following amenities;

Fully refurbished offices
Four pipe fan coil air conditioning
Full access raised floors
A recently modernised reception area
Suspended ceilings throughout
Principally LG3 compliant lighting
Carpeted throughout
Passenger lift
Toilets and shower

The existing tenants are Kier Highways Limited, STERIS Solutions Limited and Openside Networks. Net income of 184,247.36 per annum.

The long leasehold interest has up to 135 years unexpired.

The asking price is 2,250,000 (Two Million, Two Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT. This price reflects a yield of approximately 7.67% assuming acquisition costs of 6.75%, and is a capital value of 120.00 per sq ft.

Viables Business Park is a highly regarded and well established business park situated 2 miles to the south west of Basingstoke town centre and features local national and international companies including; De la Rue, TaylorMade/Adidas, Motorola, Sony Broadcast, J P Morgan, Fujitsu and Carefusion Ltd.

Basingstoke is one of Hampshire's principal commercial and administrative centres, located approximately 50 miles south west of London, served by Junctions 6 and 7 on the M3 motorway.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Basingstoke (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Clare & Co, Farnham

The Old Hop Kiln 1 Long Garden Walk Farnham Surrey GU9 7HX

01252 915171 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Clare & Co, Farnham

The Old Hop Kiln 1 Long Garden Walk Farnham Surrey GU9 7HX

01252 915171 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Basingstoke (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Clare & Co, Farnham

The Old Hop Kiln 1 Long Garden Walk Farnham Surrey GU9 7HX

01252 915171 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference BridgwaterHouse. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Clare & Co, Farnham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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