Report a Fault Hampton Court, Manor Park, Runcorn, Cheshire WA7 1TT
30,950 Sq Ft
£100,000
- Ref: HamptonCourt
- Type: Investment
- Availability: For Sale
For Sale: 4 freehold ground rents for sale secured on Hampton Court, Manor Park, Runcorn, Cheshire which forms part of the prime employment area to Runcorn.
The Court comprises 3 single storey and 1 x 2 storey purpose-built office buildings of brick under pitched tile covered roofs and constructed in the 1990’s. The buildings extend to 30,950 sf together with 159 car spaces on a 2.6-acre site.
The Ground Rents are reviewable every 5 years to 1% of the Rack Rental Value of the building. In addition, there is income from a generator which is subject to a 25-year lease expiring 24 December 2033 at a current rental £677.84 pa but subject to annual increases to RPI. Next Reviews 2024.
Tenure: Freehold
Income: £4,247.84 pa.
Price: £100,000. Subject to Contract. Equating to a Gross Initial Yield just under 5%
Contact lucy.warriner@fifieldglyn.com for an inspection.
The Court comprises 3 single storey and 1 x 2 storey purpose-built office buildings of brick under pitched tile covered roofs and constructed in the 1990’s. The buildings extend to 30,950 sf together with 159 car spaces on a 2.6-acre site.
The Ground Rents are reviewable every 5 years to 1% of the Rack Rental Value of the building. In addition, there is income from a generator which is subject to a 25-year lease expiring 24 December 2033 at a current rental £677.84 pa but subject to annual increases to RPI. Next Reviews 2024.
Tenure: Freehold
Income: £4,247.84 pa.
Price: £100,000. Subject to Contract. Equating to a Gross Initial Yield just under 5%
Contact lucy.warriner@fifieldglyn.com for an inspection.
