Linea House

Key Features

• Offers are invited in excess of £3,250,000 (Three Million Two Hundred and Fifty Thousand Pounds) for the freehold interest, subject to contract, and exclusive of VAT.
• The property is fully let to 6 tenants at an overall rent of £365,775 per annum (£17.30 psf), providing a WAULT of 3.2 years to break and 5.6 to expiry. key point...
• Net Initial Yield: 10.57% Reversionary Yield: 11.20% Capital Value (psf): £150 psf
• Linea House is situated in a highly prominent position at the heart of Ancells Business Park, just a 5 minute drive from the town centre, the M3 and Fleet Railway station.
• The building extends to 21,696 sq ft across ground and two upper floors with a site area of approximately 1.31 acres (0.53 hectares) equating to a low site coverage of 16%.
• 121 surface car parking spaces providing an exceptional out of town car parking ratio of 1:175 sq ft.
• Significant reversionary potential and proven strong local occupational demand.

Description

Linea House is a self-contained multi-let office building providing approximately 21,147 sq ft of Grade A office accommodation arranged over ground and two upper floors.Linea House provides some of the best and most presentable office accommodation on Ancells Business Park.

Linea House benefits from the following high quality specification.
- NEWLY REFURBISHED DOUBLE HEIGHT RECEPTION
- 2 x 8 PASSENGER LIFTS
- RAISED FLOORS
- RECENTLY INSTALLED SHOWER FACILTIES
- 121 CAR PARKING SPACES [1:175 SQ FT]
- TWO EV CHARGING POINTS

The property is situated on a site extending to 1.31 acres (0.53 hectares). Providing a low overall site coverage of 16%.

Location

Linea House is situated on Ancells Business Park which is one of Fleet’s principal office locations and is strategically positioned a five-minute drive from Fleet Town centre,
Junction 4a of the M3 and Fleet Railway Station.

The Park comprises a number of high-quality self-contained office buildings arranged in a secure landscaped environment.