**Standout Features:**
- Premium office pavilion within Westpoint Business Park
- Long-term lease with Borr Drilling Land Support Limited until 2029
- Annual rental income: £238,607
- High-quality, newly renovated open-plan office space across three floors (15,394 sq ft)
- Modern amenities including comfort cooling, raised access floors, and an 8-person lift
- 182 dedicated off-street parking spaces available (not included in the lease)
- Attractive investment with a Net Initial Yield of 13.63% (16.68% excluding parking value)
**Potential Concerns:**
- Lease term limited to 6 years remaining may affect mortgage lending options
- Environmental rating based on comfort cooling, indicating a focus on modern energy efficiency
Discover a remarkable investment opportunity with this modern office pavilion located in the established Westpoint Business Park. This spacious property boasts a high-quality open-plan layout, recently refurbished prior to the lease with Borr Drilling Land Support Limited, ensuring a sleek and professional atmosphere. Take advantage of lucrative rental income while capitalizing on the strong demand for adaptable workspace in this growing area.
With ample parking for 182 vehicles, excellent mobile connectivity, and surrounding amenities within walking distance, this property combines functionality with convenience. However, prospective buyers should note the remaining lease term of six years, which may complicate financing for some investors.
Positioned competitively at offers over £1,650,000, with strong yield potential, this property represents an exclusive chance to stake a claim in a thriving business locale. Don’t miss out on this rare investment – it won’t last long!