Gerrards Cross- Attractive South East Office and Residential Investment Opportunity
Westminster House, Packhorse Road, Gerrards Cross, SL9 8HY
Offers in excess of £1,600,000
- Property Types:
- Commercial, Mixed, Residential
- Sub Types:
- Office, Multiple Flats
- Net Initial Yield:
- Rarely available mixed use investment.
- Grade II listed office and residential building in a town centre location comprising 3,712 sq ft and a large car park with 14 spaces.
- Gerrards Cross is an affluent commuter town located in the M40 corridor and 20 miles west of central London.
- Situated within 2 minute walk to Gerrards Cross rail station with regular services into London Marylebone (18 minutes).
- Freehold with a site area of 0.13 acres / 0.05 hectares.
- Fully let to five tenants producing a passing rent of £94,368 per annum exclusive.
- Excellent rent payment record throughout the pandemic.
- Offers sought in excess of £1,600,000.
- A purchase at this price would reflect a NIY of 5.53% after allowing for acquisition costs of 6.53%