Freehold Fully Let Commercial Office Block Property Investment Opportunity

Price:

Freehold - £590,000

Turnover:

Seller Ref:

CR161

Location:

Lincolnshire

Business Type:

Commercial Property, Service Businesses

See Other:

Other service businesses for sale in Lincolnshire
Other commercial property for sale in Lincolnshire
Service businesses for sale in Lincolnshire
Commercial property for sale in Lincolnshire

Description:

THE BUSINESS:

This is a business that is well run and delivering excellent returns. This substantial office block is offered on a freehold basis. The properties currently contains 5 commercial tenants three of them secured on five year lease contracts and two on 15 year terms. The property is delivering annual turnover of close to £25,000.

The business has succeeded through its highly flexible approach to signing up new tenants. New clients can start their agreement more or less immediately, depending on availability.

The concept of the business is to make life as easy as possible for its tenants. Simple, straightforward full repairing lease contracts are a big attraction as is the fact that the business does not charge a set up fee.

Location Details:

As previously described, the property included in this sale is circa 6600 sq ft. This property currently has 5 tenants. The property has three floors with two office suites to each floor plus a further wing that provides toilets kitchens and storage. There is a 6 person or 450 kgs weight full width lift to except wheelchair and product parcels and boxes this is situated in the main reception hall of the building. There are forty two parking spaces to the front and the rear of the property all clearly marked by white lines. This property is located in the very heart of a thriving commercial and business park. The property has been fully refurbished over the past ten years to a very high quality retaining many of the original features. Some of the office suites have section de-mountable offices, all have original wood flooring and new secondary glazing and of course all of the needed electric points and water.