Commercial Office Space With Discount

Investment Opportunity

Description	Zenith Business Village, Ashwood Business Park, Northumberland 6 self-contained office units (GIA of approx. 1,570 sq.ft.) with generous parking.
Property Type	Commercial (Office) Investment Opportunity. Leasehold; 125 years from completion.
Returns	20% discount on the current, open market selling price of £171,915 (£109.50 per sq.ft.). Purchase price of £137,352.
Rental Income	£17,270 p.a. guaranteed for eighteen months Annual yield of 12.5%.
Exit	Following the initial eighteen month rental guarantee period, these units could be let and retained as a long term investment with a healthy annual rental yield or alternatively placed on the open market for 20% more than the purchase price and sold to an investor / owner occupier.
Covenant Rating	***** (5 stars) An eighteen month rental guarantee means time can be taken to source suitable tenants and offer them attractive incentives to sign a long lease such as a prolonged rent free period.
Notes	The location enjoys easy access to principal roads including the A189. Impressive entry atrium, fully carpeted open plan accommodation, suspended ceilings and category 2 lighting, high-efficiency heat pump with radiators, double glazing and perimeter trunking, male/female and disabled WC’s, attractive village layout, 4 car parking spaces provided for the exclusive use of each single unit plus pooled spaces for visitors and disabled persons.