£300,000 /Sale price

Description: An attractive and part-let commercial investment opportunity generating income of £22,040.50 per annum through a lease with a high-quality tenant. The property comprises a detached two-storey office building with a ground floor reception area and office accommodation on the ground and first floor. The accommodation benefits from suspended ceilings, CAT II lighting, perimeter trunking, and parking rights for approximately 15 cars. An excellent opportunity to acquire an income-producing asset with the potential for increased rental income from the currently vacant first floor. Accommodation: Approx. GIA Total Floor Area 5,091 sq. ft. (473 sq. m) Ground Floor: Approx. GIA Floor Area 2,583 sq. ft. (240 sq. m) Kitchen W.C. First Floor: Approx. GIA Floor Area 2,508 sq. ft. (233 sq. m) Offices Kitchen W.C. Externally: Parking area for approximately 13 cars. Tenancy Details: Ground Floor: £22,040.55 pa / 2,583 sq. ft. = £8.53 p/sq. ft. Location: The property is located within the business park located on Standard Way, Northallerton, easily accessed via the B6271. Northallerton town centre is located approximately 1 mile to the south-east. Tenure: Leasehold on a term of 150 years from 1 December 2017. Title No. NYK450991 Purchase Price: We are seeking offers of £300,000. Energy Performance Certificate: Band C-63. Certificate available upon request. Rateable Value: The 2023 Rateable Value has been assessed at £4,500. Services: The property is connected to the mains drainage, water and electricity. Legal Fees: The purchaser will be responsible for the vendors legal expenses, please call to discuss.