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Beaconsfield – South East Office & Residential Investment Opportunity

16-20 Warwick Road, Beaconsfield, HP9 2PE

Property Types:
Commercial, Mixed, Residential
Sub Types:
Office, Multiple Flats
Tenure:
Freehold

Income

£168,400 pa

Description

  • Located within the affluent commuter town of Beaconsfield.
  • Situated a 5 minute walk from Beaconsfield Train Station and Town Centre.
  • The property comprises two attractive detached buildings.  16 Warwick Road provides a 5,040 sq ft self contained office.  20 Warwick Road provides three flats let on ASTs.
  • Fully let to 4 tenants with a current rent of £168,400 per annum reflecting £25.20 psf on the office accommodation.
  • The office accommodation is let in its entirety to Sacla UK Ltd on a 10 year lease from 22nd August 2013.
  • The office benefits from 23 on-site car parking spaces, reflecting a ratio of 1:219 sq ft, each flat benefits from a garage car parking space.
  • Freehold.
  • Future development of the site and existing office accommodation to residential (STP).
  • Offers sought in excess of £2,700,000 subject to contract and exclusive of VAT.  A purchase at this level reflects a net initial yield of 5.86% assuming standard purchaser’s costs.