Let to 8 tenants with a total passing rent of £384,422 pa reflecting a low average rent of £13.06 per sq ft. WAULT of 2 years, 7 months to expiry, 1 year, 11 months to break. Medium term office refurbishment or residential redevelopment opportunity; planning permission is in place to convert the adjoining office building into 58 flats. A purchase at this level reflects a net initial yield of 11% and a capital value of £112 per sq ft, assuming purchasers’ costs of 6.48%. Let to 8 tenants with a total passing rent of £384,422 pa, reflecting a low average rental rate of £13.06 per sq ft.