Houses in England, United Kingdom

Property reference

MC_T8C4R

Property particulars

GBP 1,011,111

Bedrooms:

2

Property description

New build tenanted office building in Staffordshire, England, 5250 ft.2 net internal area, let to Co-Op Travel on a 10 year lease with a five-year break option, commencing 8th June 2007. Initial rent is £;68,250 per annum. The rent reviews in 2012.
The price based upon a 6.75% yield is £;1,011,000. The tenant provides a very good quality covenant and has also paid for a substantial fit out of the building prior to moving in in June.

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