Office for sale
Property description & features
- Modern building of superb quality which was completed in 2013
- St George's Tower is a prime multi let office building providing around 11,397 sq ft with onsite parking for 10 vehicles
- Top floor has access to a private roof terrace providing panoramic views over the surrounding countryside
- A superb opportunity for owner occupation of the vacant floors
- Total passing and potential rent of £257,549 per annum
- Gross yield of around 8.73% on the total passing and potential rent
St George's Tower comprises a modern steel frame building of some 11,397 sq ft constructed in 2013 which has raised access floors, suspended ceilings with recessed lighting, and 3 pipe fan coil heating and cooling systems. The building has an attractive entrance foyer and common parts and is served by a lift. The top floor office has private access on to a roof terrace which provides panoramic views over the surrounding countryside. 10 onsite parking spaces are provided in the basement.
Current rent of £48,243 per annum with an additional potential rent of £209,306 per annum following the leasing of the vacant floors and 10 car parking spaces. Total passing and potential rent £257,549 per annum.
Location
St George's Tower occupies a prominent position on the corner of St George's Street and Hope Street and is a short distance away from Athol Street.
Accommodation
The four floors provide modern office accommodation with raised access flooring, suspending ceiling with recessed lighting and 3 pipe fan coil heating and cooling systems.
Parking
There are a total of 10 on-site car parking spaces available.
Services
All mains services are connected.
Possession
Vacant possession on completion of all legal formalities.
Viewing
Strictly by prior appointment through the Agents, Chrystals Commercial.
Tenure: Leasehold
Property information from this agent
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