Freehold, 2 storey office building (8,664 sq ft) arranged as 22 self contained suites occupying a site of 0.46 acres with a car park. Part let at £38,454 pa with a potential rent of £80,000+ pa at full occupancy. Development potential, subject to planning

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Description/Location

A contemporary, detached building with fully glazed frontage situated in the Burrington Way Industrial Estate. Providing 22, self contained office suites across 2 floors, reception area, shared WC's and kitchen facilities. To the front there are 31 parking bays (19 single and 6 double length). Subject to planning, there is scope to build a third storey and to expand the parking area. Great potential to increase the rental income by letting the vacant offices.

Tenure

Freehold
EPC rating D77

Viewing

Please contact Charles Darrow Network Auctions on 01626 330022

Accommodation

Ground floor: 4,176 sq.ft. First floor: 4,241 sq.ft.

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.