Newly refurbished freehold office with income and five parking spaces, suited to cash investors..
Freehold office investment, 1,068 sq ft (approx. 99.2 sqm)
Passing rent £10,250 pax, lease from March 2025
Only 3 years remaining on lease — lending risk for buyers
Newly renovated; modern open-plan office with natural light
Parking for five cars off-street
CEPC rating C
Slow broadband; above-average local crime rate
Suitable for cash buyers or pension fund investors
A compact, newly renovated freehold office at The Point, offered as an income-producing investment. The unit extends to about 1,068 sq ft (approx. 99.2 sqm) and is let from March 2025 at a passing rent of £10,250 per annum, making it suitable for a pension-style holding seeking steady rent with minimal day-to-day involvement. The property presents well with modern brick construction, open-plan office space and natural light, plus off-street parking for five cars.
Notable strengths include the recently completed refurbishment, a CEPC rating of C, clear mobile signal and a comfortable suburban setting close to local amenities, woods and leisure areas. As a freehold, the buyer acquires the land and building with the benefit of an existing tenancy in place.
Material drawbacks and risks are important: only three years remain on the lease, which many mortgage lenders consider insufficient and could prevent standard lending against the asset. Broadband speeds are slow, and recorded local crime is above average — both factors that can affect occupier appeal. These issues make the lot most suitable for cash buyers, pension funds, or investors who can accept short-term re-letting risk or are planning to extend the tenancy or refurbish further.
In short, this is a tidy, low-management office investment with immediate income and parking, best suited to investors comfortable with a short lease term and the local market characteristics.
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