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Middlesex House Rutherford Clos

11,748 SF 100% Leased Office Building Stevenage SG1 2EF $2,717,368 CAD ($231 CAD/SF)

Investment Highlights

  • Comprising a modern office block arranged over ground and first floor
  • Easy access to junctions 7 and 8 of the A1(M). The A1(M) provides access to junction 23 of the M25, 16 miles to the south
  • Let to four separate tenants benefiting from a WAULT of 5.8 years to expiry

Executive Summary

Lot 36 is available for sale at an Allsop online auction to be held on Wednesday 11th December 2024.

The property comprises an freehold investment opportunity for sale.

The asking price is £1,500,000, representing a gross initial yield of 12.23%.

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Building Size
11,748 SF
Building Class
B
Year Built
1990
Price
$2,717,368 CAD
Price Per SF
$231 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,874 SF
Parking
14 Spaces (1.19 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Listing ID: 34105325

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: Rutherford Clos, Stevenage SG1 2EF

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