27-43 Eastern Rd - Office FOR SALE


Romford, LND RM1 3NH
$8,500,000 USD
207-580-4333
27-43 Eastern Rd, Romford, LND for Sale
$8,500,000 USD
Office - FOR SALE
1/8
null | 8.5% Cap Rate

27-43 Eastern Rd
Romford, LND RM1 3NH


HIGHLIGHTS

  • 28-space car park
  • Central reception area
  • Landscaped courtyard / garden area

OVERVIEW

Freehold investment opportunity comprising a 43,897 sq ft multi let office building with a 28-space car park. Current rent of £776,484 per annum. Net initial yield of 8.5% and a potential reversionary yield of 9.1% after allowance for purchasers costs of 6.8%. Offers in excess of £8,500,000 (EIGHT MILLION FIVE HUNDRED THOUSAND POUNDS) subject to contract and exclusive of VAT.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

St James House

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

BGL129330,BGL138801,BGL171195,BGL176225,EGL108942,EGL129685

ASK ABOUT THIS PROPERTY

Joseph RantorLewis & Partners LLPMore Info
207-580-4333

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Joseph RantorLewis & Partners LLPMore Info
207-580-4333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.