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Alexander House Hospital Fields Rd

37,433 SF 100% Leased Office Building York YO10 4DZ $10,470,926 CAD ($280 CAD/SF) 9.60% Cap Rate

Office Space North Yorkshire York Hospital Fields Rd, York, NYK YO10 4DZ

Investment Highlights

  • Great local amenities
  • Convenient transport links
  • In close proximity to York

Executive Summary

Offers are sought in excess of £5,780,000 (Five Million Seven Hundred and Eighty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this price reflects a net initial yield of 9.00% after allowing for purchaser’s costs at 6.71%. This equates to a low capital value of £154 per sq ft.

Attachments

Alexander House, York - Investment Brochure

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
37,433 SF
Building Class
B
Year Built/Renovated
2000/2019
Price
$10,470,926 CAD
Price Per SF
$280 CAD
Cap Rate
9.60%
NOI
$1,005,290 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
12,318 SF
Building FAR
0.63
Lot Size
1.37 AC
Parking
95 Spaces (2.53 Spaces per 1,000 SF Leased)

Amenities

  • Fenced Lot
  • Raised Floor
  • Energy Performance Rating - C
  • Car Charging Station
  • Atrium
  • Bicycle Storage
  • Demised WC facilities
  • Shower Facilities
  • Drop Ceiling
  • Air Conditioning
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+44 20 7952 6100

Contact

  • Listing ID: 33034807

  • Date on Market: 2024-09-02

  • Last Updated:

  • Address: Hospital Fields Rd, York YO10 4DZ

The Office Property at Hospital Fields Rd, York, YO10 4DZ is currently available for sale. Contact Kimmre for more information.

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Alexander House | Hospital Fields Rd
+44 20 7952 6100 x

Alexander House | Hospital Fields Rd

Josh Hammett

+44 20 7952 6100

+44 20 7952 6100

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