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Thursday 17 May 2012
Commercial Investment

Contact

Guy Scott Plummer
+44 (0)20 7543 6726
guy.scott-plummer@allsop.co.uk

Link House, Knightrider Court, MAIDSTONE, ME15 6LY

FOR SALE

Tenure

Freehold

Sector

Investment, Office

Description

Well specified office building located in a strong location within Maidstone's main business district.  Link house provides flexible accommodation and is let off a low base rent of only £12.95 per sq ft providing a potential reversion based on the recent letting of the adjoining building, Kestrel House which is of an identical specification and has recently achieved £17.50 per sq ft.

There is asset management potential including scope to upgrade accommodation to provide Grade A specification which is currently limited in Maidstone.

Price

Offers in the region of £2,400,000

Net Initial Yield

11%