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Florence House

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Location:

Florence House

St Marys Road

Hinckley

Leicestershire

LE10 1EQ

Size:

9,294.00 Sq Ft

Price:

For Sale: £850,000.00 for the Freehold

Key Information

  • Prominent town centre office building
  • Total income of £70,220 per annum exclusive
  • Secure on site car park
  • Purchase price: £850,000, to show an initial yield of 7.83% after purchaser's costs
  • Please contact the agents in relation to the following information: - Floor Plans - Tenancy Information / Leases - Business Rates and Council Tax Assessments - Energy Performance Certificates - Service Charge Information
  • £850,000, producing an initial yield of 7.83% after purchaser's costs. At this level, this produces a competitive vacant possession rate of only £91.45 per sq ft.

The property consists of a substantial and relatively recently constructed purpose built office building that three-storey in design. The building is constructed in brickwork, incorporating double glazed windows under a pitched timber and tile roof. Each floor is arranged around a central core, providing WCs and a passenger lift to all levels, together with an attractive reception on the ground floor out onto St Mary's Road. The floors are open plan, with a building design that allows each floor to be equally divided. This has been undertaken on the ground and second floor. The first floor is single occupation. To the rear of Florence House is a private car park, with space for some 20 vehicles. Specification - Open plan floor plates - Suspended ceilings with recessed lighting, LED in part - Carpeted solid concrete floors - Perimeter three compartment trunking - Centrally heated throughout - Male and female WCs on each floor - Lift to each level - Attractive ground floor reception

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