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St Austall, Cornwall, PL25

OIEO Guide price £2,250,000

Building
bedroom 0
bathroom 0

Freehold Office Investment let to the Government producing £245,000pa (GIY10.89%) Guide Price £2,250,000 Bidder Security £20,000 *fully refundable if unsuccessful bidder.


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OIEO Guide price £2,250,000

Or call us on

020 7893 6060

Key features

  • Freehold office investment
  • Entirely let to The Secretary of State for Housing Communities and Local Government until 2031 (subject to a tenant's break option in 2026)
  • Approximately 4,189.14 sqm (45,093 sq ft)
  • Site area approximately 0.87 hectares (2.15 acres)
  • Town centre location
  • Potential for future alternative uses (subject to consents)
  • Guide price reflects a gross initial yield of 10.89%
  • Producing £245,000 per annum (2)

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Further details

  • Tenure:
    Freehold
  • Stamp Duty
    £181,250
  • Council tax:
  • Local authority:
    Barking and Dagenham
  • Total Sq Ft:
    45,093 (4,189 Sq M) approx.
  • Reference:
    15268369

Lease details, service charges, ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.

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Nearest stations

St Austell station

St Austell station

Par station

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