Offers in region of
£600,000Property for sale
West Road, Buxton
Property
Features and description
- Tenure: Freehold
INVESTMENT PROPERTY
This detached three storey property is quietly located close to the town centre and provides 6 spacious open plan office suites, 5 of which are currently let.
The property was established in 2007 as dedicated business offices and the current owners have refurbished the building and continually invested in its infrastructure.
The property has double glazing and heating with ladies and gents toilets to each floor and kitchen area to each suite.
Externally there is a small car park area and a dedicated car parking space per suite.
It offers an excellent opportunity for investors wishing to obtain a good return on their capital as it currently produces a total income (excluding the vacant unit) of £54,758.85, which includes service charges.
Unit 1 - On a 5 year lease from 1st July 2022
Unit 2 - Currently vacant and on the market to rent at a rental of £10,500 per annum.
Units 3 And 4 - On a 5 year lease from 31st December 2022
Units 5 - On a 3 year lease from 21st December 2022
Unit 6 - On a 3 year lease from 21st December 2022
Service Charge - A service charge of £1,240.56p is charged per unit, per annum.
This detached three storey property is quietly located close to the town centre and provides 6 spacious open plan office suites, 5 of which are currently let.
The property was established in 2007 as dedicated business offices and the current owners have refurbished the building and continually invested in its infrastructure.
The property has double glazing and heating with ladies and gents toilets to each floor and kitchen area to each suite.
Externally there is a small car park area and a dedicated car parking space per suite.
It offers an excellent opportunity for investors wishing to obtain a good return on their capital as it currently produces a total income (excluding the vacant unit) of £54,758.85, which includes service charges.
Unit 1 - On a 5 year lease from 1st July 2022
Unit 2 - Currently vacant and on the market to rent at a rental of £10,500 per annum.
Units 3 And 4 - On a 5 year lease from 31st December 2022
Units 5 - On a 3 year lease from 21st December 2022
Unit 6 - On a 3 year lease from 21st December 2022
Service Charge - A service charge of £1,240.56p is charged per unit, per annum.
Property information from this agent
About this agent
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Bagshaws are the longest serving Estate Agents in Ashbourne. We have been successfully selling a wide variety of property and land since 1871 and they say only the best stand the test of time. We remain an independent company and take pride in providing our clients with that personal touch expected of a company of our heritage. Our locally based property professionals are committed to finding you a suitable buyer with tailor made marketing to your specific property needs.