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2 and 3 Dronfield Court, Wards Yard, Dronfield, Dronfield, S18 1NQ

Offers in Region of
£460,000

£104.43 per sq ft

Business rates & charges may apply

Sanderson Weatherall, Leeds
SIZE AVAILABLE

4,405 sq ft

409 sq m

SECTOR

Office for sale

Description

* Freehold * Fully Let Investment Opportunity * 4,405 sq ft * On-site car parking * Closely located to the High Street * Excellent Transport Links LOCATION The properties are located within a courtyard development known as Dronfield Court, adjacent to the Civic Centre Shopping Precinct within the town centre of Dronfield. The immediate surrounding area is commercial in nature with nearby occupiers including Poundstretcher, Yorkshire Building Society, Betfred and Clinton Cards. Dronfield Medical Practice and Dronfield Sports Centre a located a short distance west of the property.

The property is situated 0.5 miles away from Dronfield Railway Station, with a number of different bus routes running past the property. Dronfield Nature Park is within very close walking distance and offers a beautiful open space.

DESCRIPTION The property comprises two inner terrace office buildings constructed in the late 1980's as part of a courtyard scheme. The buildings are arranged on ground and first floors in a landscaped setting with additional car parking, with 10 spaces allocated for units 2 and 3. The offices are attractively clad in Derbyshire stone beneath pitched slate tiled roofs.

Internally, the properties benefits from the following specification: - Combination of Cat II and LED Lighting - Carpeted throughout - Suspended ceilings - Gas fired central heating system - Open plan with integrated partitioned meetings room - Kitchenette - WC facility on both floors TENURE The property is available on a Freehold basis subject to the existing tenancies. Further information can be found in the marketing brochure.

INVESTMENT SUMMARY - Recently let on new leases - Two inner terrace office buildings totalling approx. 4,405 sq ft Net Internal Area.
- Weighted Average Unexpired Lease Term - 6 years 8 months (to expiry).

PROPOSAL We are seeking offers in the region of £460,000 for the freehold interest, subject to contract and exclusive of VAT, reflecting a Net Initial Yield of 8.16% allowing for purchaser's costs of 4.52%.
- The quoting price reflects a capital value of just £104.43 psf.

VAT All figures quoted are deemed to be exclusive of VAT.

MONEY LAUNDERING In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

For further information or to arrange a viewing please contact the Sole Selling Agent: Richard Dunn richard. Jay Dhesi jay.

LOCATION The properties are located within a courtyard development known as Dronfield Court, adjacent to the Civic Centre Shopping Precinct within the town centre of Dronfield. The immediate surrounding area is commercial in nature with nearby occupiers including Poundstretcher, Yorkshire Building Society, Betfred and Clinton Cards. Dronfield Medical Practice and Dronfield Sports Centre a located a short distance west of the property.

The property is situated 0.5 miles away from Dronfield Railway Station, with a number of different bus routes running past the property. Dronfield Nature Park is within very close walking distance and offers a beautiful open space.

DESCRIPTION The property comprises two inner terrace office buildings constructed in the late 1980's as part of a courtyard scheme. The buildings are arranged on ground and first floors in a landscaped setting with additional car parking, with 10 spaces allocated for units 2 and 3. The offices are attractively clad in Derbyshire stone beneath pitched slate tiled roofs.

Internally, the properties benefits from the following specification: - Combination of Cat II and LED Lighting - Carpeted throughout - Suspended ceilings - Gas fired central heating system - Open plan with integrated partitioned meetings room - Kitchenette - WC facility on both floors

* Freehold * Fully Let Investment Opportunity * 4,405 sq ft * On-site car parking * Closely located to the High Street * Excellent Transport Links

North East Derbyshire

INVESTMENT SUMMARY - Recently let on new leases - Two inner terrace office buildings totalling approx. 4,405 sq ft Net Internal Area.
- Weighted Average Unexpired Lease Term - 6 years 8 months (to expiry).

PROPOSAL We are seeking offers in the region of £460,000 for the freehold interest, subject to contract and exclusive of VAT, reflecting a Net Initial Yield of 8.16% allowing for purchaser's costs of 4.52%.
- The quoting price reflects a capital value of just £104.43 psf.

VAT All figures quoted are deemed to be exclusive of VAT.

MONEY LAUNDERING In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

Brochures

2 and 3 Dronfield Court, Wards Yard, Dronfield, Dronfield, S18 1NQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Dronfield Station0.2 miles
  • Dore Station2.5 miles
  • Herdings Park Tram Stop3.2 miles

Notes

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Disclaimer - Property reference 181189-1. 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 Sanderson Weatherall, Leeds. 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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