High-yield freehold serviced offices with onsite gym, café and car park — asset management upside.
Approximately 45 lettable suites across c.18,550 sq ft
A substantial freehold serviced office building arranged as around 45 lettable suites, producing approximately £434,000 pa inclusive of running costs. The modern property is well equipped with air conditioning, LED sensors, PAX entry control, CCTV, lift access and accessible WCs, and benefits from onsite café, gym, boardroom and car parking — features attractive to professional occupiers.
The asset is largely multi‑tenanted and tenants are unaffected by sale, giving immediate income. Suites range widely from c.92 to 4,914 sq ft, presenting clear asset management upside: consolidate leases, review on‑site service sales, and reduce operating costs to improve net yield. The building is VAT registered (VAT payable) and has an EPC rating B (45).
Notable practical matters are factual: the property sits in an area recorded with very high crime levels, which may influence insurance, lettings and tenant mix. Figures quoted are exclusive of VAT; purchasers should factor VAT and service‑cost structures into valuation. Virtual tours are available; physical viewings require prior arrangement.
This is a liquid, opportunity‑led purchase for an investor or operator able to actively manage services and costs to grow income and capital value. The modern specification and strong on‑site amenity package reduce landlord capital expenditure risk in the short term while offering medium‑term value‑add potential.