About

The premises have been divided to provide for a series of office suites of varying sizes, let to a series of tenants with shared kitchen and cloakroom facilities. The premises are fully let except for a small single suite currently providing an annual income of £93,327.48 (February 2025). The tenants pay a single fee to include rent, use of services, heating, lighting etc. Each suite is separately assessed for business rates where each tenant pays any rates due to the local authority.

Breakdown of tenancies:

Suite 1 & 4 £6,513.82 per quarter (pq)
Suites 2, 3a & 3b £4,265.25 pq
Suite 5 meeting room
Suites 6 & 7 £3,250.00 pq
Suite 8 vacant but estimated £600.00 pq
Suite 9 £1,375 pq
Suite 10 £2,140.00 pq
Suite 11 £725.00 pq
Suite 12 £1,287.50 pq
Suite 13 £1,323.50 pq
Suite 14 £2,451.80 pq

Total actual income £23,331.87 pq £93,327.48 pa

Total actual and anticipated income £23,931.87 pq £95,727.48 pa

Offered for sale freehold subject to the above lettings. Offers sought in the region of £800,000

We are advised the building isn’t elected for VAT