Delta Office Park - Office FOR SALE


Swindon, WIL SN5 7XB
$1,750,000 USD
179-354-0038
Delta Office Park, Swindon, WIL for Sale
$1,750,000 USD
Office - FOR SALE
1/11
null | 8.5% Cap Rate

Delta Office Park
Swindon, WIL SN5 7XB


OVERVIEW

• 32,046 sq ft office building arranged over ground and first floors. • Situated just 2.3 miles from J16 of the M4 motorway and 2.6 miles from Swindon Town Centre. • Part let to Renesas Design (UK) Ltd, a 97A rated, ‘very low risk of business failure’ covenant until 2031, subject to a break in December 2028. • Occupying a highly prominent 2.24 acre site, equating to a very low site coverage of 16%. • Net income (after ground rent deduction) £157,981 per annum. • Long Leasehold. 90 years remaining at a ground rent of £50,000 per annum, reviewable 5 yearly to 11% of rack rent (25-year term assumption). • 16,049 sq ft currently vacant and immediately available to let.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Delta 200

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

-

APN/PARCEL ID

WT109828,WT413092,WT97900

ASK ABOUT THIS PROPERTY

James FrostHartnell Taylor Cook LLPMore Info
179-354-0038

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James FrostHartnell Taylor Cook LLPMore Info
179-354-0038

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