2,360 sq ft
For Sale
Investment Property / Offices
Property Type | Investment Property / Offices |
Tenure | For Sale |
Size | 2,360 sq ft |
Price | Net initial yield circa 8.23% ( after purchase costs @ 5.05% + VAT). |
Business Rates | £6.82 per sq ft |
Energy Performance Rating | This property has been graded as D (99) |
Ancells Court is a purpose built scheme of 8 small self-contained office buildings originally built for owner occupiers or investors. Our client owns two of the office buildings being No 4 (This property for sale) and No 2 (being about 1,625 sq ft).
Both these buildings are let to Operatix Ltd. Now owned/part of MemoryBlue which is a portfolio company of Avesi Partners, a leading private equity firm with $880 million of equity capital under management. Smart Search Delphi credit score of 89 out of 100. Low Risk.
We are offering No 4 and No 2 for sale freehold as fully let investments, available to purchase individually or combined as a single lot. Further details on the No 2 investment are available on request.
The accommodation comprises the following areas:
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground | 1,240 | 115.20 | Let |
1st | 1,120 | 104.05 | Let |
Total | 2,360 | 219.25 |
Ancells Court is located on the established and popular Ancells Business Park. Local shopping facilities are a short walk away with nearby Ancells Park consisting of a Tesco Express, cafe and hair salon. Slightly further on is the very popular Heron on the Lake pub/restaurant.
Ancells Business Park is less than a mile from Fleet mainline station. The quickest train service from Fleet is 40 minutes to London Waterloo. The M3 motorway at J4a is only a 2.5 miles drive from Ancells Court.