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Key features
- Individually metered offices
- Fresh air ventilation
- Electric heating
- Intercom to front door
- Potential investment opportunity
Description
*****Investment Opportunity / Flexible Office Accommodation*****
The first floor comprises six individual office suites, previously operated as serviced offices under licence agreements.
The accommodation includes five offices of approximately 120 sq ft each and a larger sixth office of approximately 220 sq ft. Shared facilities comprise two WCs and a kitchenette.
Each office benefits from its own electricity meter, fresh-air ventilation, electric heating, a dedicated post box and an intercom system serving the main entrance.
Based on the previous use and the individual office configuration, the five smaller offices could each generate an estimated rental income of £175–£200 pcm, with the larger office potentially achieving £350–£400 pcm, depending on fit-out and specification.
Projected Gross Rental Income: £1,400 pcm (£16,800 per annum)
The property offers an opportunity to establish a flexible office rental business, with the potential to generate income from multiple occupiers. The figures above represent estimated gross income before operating costs, utilities for shared areas, maintenance, management and any periods of vacancy.