Summary - SOUTH MOLTON CONCRETE WORKS, STATION ROAD EX36 3LH
1 bed 1 bath Commercial Property
**Standout Features:**
- Modern, purpose-built office space across three floors (5,688 sq ft).
- Current lease to Azets Holdings Limited, generating a passing rent of £55,000 per annum.
- Excellent location on Pathfields Business Park with significant visibility.
- 21 dedicated parking spaces.
- Well-fitted office interiors with air conditioning and meeting facilities.
- Attractive low capital value of £103.73 psf.
**Summary:**
Discover a remarkable opportunity to invest in a modern office building at 1 Lime Court, Pathfields, South Molton, Devon, perfect for businesses seeking a professional setting. Spanning approximately 5,688 sq ft, this end-terrace office development boasts a contemporary design characterized by its brick facade and large windows, delivering a bright and inviting workspace. Currently leased to Azets Holdings Limited, this property generates an annual rent of £55,000, reflecting a promising net initial yield of 8.88%.
The facility is well-equipped with quality office interiors, air conditioning, and the convenience of 21 parking spaces, ensuring functionality and ease for both clients and employees. Positioned in a thriving business park, with additional plans for tenant upgrades on the horizon, this property presents a unique blend of immediate return and future potential for growth. With low crime rates and access to local amenities, including leisure and sports facilities nearby, it caters to both business and employee needs, making it an ideal investment in an affluent area. Seize this opportunity now; such exceptional offerings are seldom available!
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