Town Sq - Office FOR SALE


Basildon, ESS SS14 1BX
$8,215,000 USD
Town Sq, Basildon, ESS for Sale
$8,215,000 USD
Office - FOR SALE
1/6
null | 10% Cap Rate

Town Sq
Basildon, ESS SS14 1BX


HIGHLIGHTS

  • High traffic footprint
  • Close to public transport links
  • Situated on the mail retail thoroughfare in Basildon

OVERVIEW

This retail and office opportunity is ideally situated on the main retail thoroughfare in Basildon, Town Square. We are seeking offers in the region of £8,215,000 subject to contract & exclusive of VAT reflecting Net Initial Yield of 10% on the retail income and £75 psf CV on the offices.

FOR SALE DETAILS

PRICE

$8,215,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southgate House

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

-

APN/PARCEL ID

AA38449,AA43966,EX350833

ASK ABOUT THIS PROPERTY

David FreemanGreen & Partners LLPMore Info

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David FreemanGreen & Partners LLPMore Info

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