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Linea House Harvest Cres

21,147 SF 100% Leased Office Building Fleet GU51 2UZ $5,080,152 CAD ($240 CAD/SF) 12.06% Cap Rate

Investment Highlights

  • Prominent Location
  • Parking Available
  • Great Transport Links

Executive Summary

Linea House is multi-let in accordance with the tenancy schedule which is available to download. A purchaser will benefit from an income of £365,775 per annum (allowing for a small “top-up” by the vendor in relation to a rent free period in respect of the letting of Suite A, Ground Floor – see tenancy schedule).
Seeking offers of £2,850,000 (Two Million, Eight Hundred and Fifty Thousand Pounds), subject to contract, reflecting a net initial yield of 12.06% assuming standard purchaser’s costs of 6.43%.

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
21,147 SF
Building Class
B
Year Built
1999
Price
$5,080,152 CAD
Price Per SF
$240 CAD
Cap Rate
12.06%
NOI
$612,666 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,049 SF
Parking
121 Spaces (5.72 Spaces per 1,000 SF Leased)

Amenities

  • Raised Floor
  • Energy Performance Rating - C
  • Air Conditioning
  • Listing ID: 33531676

  • Date on Market: 2024-10-16

  • Last Updated:

  • Address: Harvest Cres, Fleet GU51 2UZ

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