Parsons Rd - Office FOR SALE


Washington, TWR NE37 1EZ
$535,000 USD
191-917-9447
Parsons Rd, Washington, TWR for Sale
$535,000 USD
Office - FOR SALE
1/5
null | 9.44% Cap Rate

Parsons Rd
Washington, TWR NE37 1EZ


HIGHLIGHTS

  • The property comprises a detached office building which has been extended being of framed construction with brick elevations beneath a flat roof.
  • The windows to the property are uPVC framed and double glazed.
  • The building is currently attached into three further buildings each with self-contained access.
  • The offices are finished to a good standard with bespoke reception, open plan office accommodation with demountable partitioning
  • The office accommodation is generally arranged on a carpet covered floor with painted plaster walls and a suspended ceiling with recessing lights.

OVERVIEW

Swallow House is situated on a prominent location at the front of Parson Industrial Estate, Washington. Access is provided from Parsons Road linking with the A182 Washington Highway. For Sale: Single Let Office Investment The property comprises a detached office building which has been extended being of framed construction with brick elevations beneath a flat roof. The windows to the property are uPVC framed and double glazed. The building is currently attached into three further buildings each with self-contained access. The offices are finished to a good standard with bespoke reception, open plan office accommodation with demountable partitioning to create meeting rooms and individual WC and kitchen facilities. The office accommodation is generally arranged on a carpet covered floor with painted plaster walls and a suspended ceiling with recessing lights. There are 20 car park spaces included adjacent to the office. The Tenant has been in occupation since 2006 Good level of car parking Excellent road links Open plan office accomodation The property is elected for VAT and it is anticipated that the transaction will be treated TOGC.

FOR SALE DETAILS

PRICE

$535,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

9.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Swallow House

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

TY205408,TY449011,TY450212

ASK ABOUT THIS PROPERTY

Aidan BakerBNP Paribas Real Estate UKMore Info
191-917-9447

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Aidan BakerBNP Paribas Real Estate UKMore Info
191-917-9447

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