35 Limavady Rd - Office FOR SALE
Londonderry, CLY BT47 6LP |
$3,000,000 USD
289-027-0031
35 Limavady Rd
Londonderry, CLY BT47 6LP
HIGHLIGHTS
- Purpose built office building extending to c. 20,600 sq ft arranged over ground, first and second floors.
- The property is held by way of freehold.
- The investment opportunity is fully let to the Public Prosecution Service for NI until 8th March 2034.
- Current passing rent of £252,350 per annum.
- We have been instructed to seek offers in the region of £3,000,000 reflecting a Net Initial Yield of 7.90% assuming full purchasers costs of 6.45%.
- Car parking spaces for approx. 44 cars.
OVERVIEW
The premises known as Foyle Chambers is situated along the Limavady Road and is approximately 2 miles from the city centre. The surrounding area comprises a high level of residential occupiers and various recreational and leisure facilities such as St Columb’s Park, Kilfennan Valley Park, Foyle Arena and Brigade Cricket Club.
FOR SALE DETAILS
PRICE
$3,000,000 USD
PRICE/SF
$146 USD /SF
CAP RATE
6.45%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
-
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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289-027-0031
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289-027-0031
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