CCL is delighted to bring to the market an investment opportunity which provides premium office space to a mix of small, medium and national businesses. Our client has capitalised on a growing market and high demand for this type of property over the last decade, and is the regional market leader.
The business is being offered on a freehold basis. There are a variety of tenants in place with various lease terms ranging from 3 to 15 years. Total annual income is in excess of £240,000 generating a return on investment of 8%. All the buildings are automated to minimise staff requirements and maximise returns.
The tenant roster includes national and multi-national businesses as well as long-established local SMEs. With a tenant mix spread across sectors and organisational sizes, this investment provides a strong defence against economic downturn and other external risks, such as Brexit. The make-up of the local economy provides a solid foundation for investment in uncertain times.
Situated in the heart of local communities with long-established international industries, the properties service a local economy which is growing with significant investment from both the public and private.
Further information will be released when interested parties have signed a Non Disclosure Agreement.
Offers in the region of £2,800,000 will be considered.