£1,200,000
(£301.73/sq. ft)
Office for salePhase 1, Western Park Business Village, Western Park, Leicester LE3
3,977 sq. ft
EPC Rating: G
Just added
About this property
Multi Let Office Investment
£79,500 aggregate annual rental income
10-year leases
6.25% Net Initial Yield assuming Purchaser's costs of 6.4%
The development comprises the restoration of the Grade II Listed former Open Air School, which opened for that use in November 1930, with the individual buildings arranged on the connecting terraces. Phase 1 comprises four single storey detached office buildings which overlook a landscaped garden featuring outdoor leisure areas for occupiers. The buildings have been constructed to Passivhaus standards. Occupiers include a beauty / hairdressing salon, a golf simulator and office spaces.
The site benefits from generous on-site car parking.
The site benefits from generous on-site car parking.
Mortgage calculator
Monthly repayment
£6,002 per month
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