We’re pleased to offer this fantastic Investment Sale opportunity in Basildon, Essex.
These two fantastic fully let office buildings are located in Basildon's prominent Southfields business park, an established employment location with excellent access to Junctions 29 and 30 of the M25 motorway.
The purpose built detached two-storey office buildings are available with a NIA of 7,118 sq ft (654 sq m). Each building also benefits from allocated on-site car parking spaces, and areas of soft landscaping.
The rent is currently passing £121,000 per annum. A purchase at this level reflects a net initial yield of 7.35%, an anticipated reversionary yield of 8.00% and a capital value per sq ft of £218.
For more information, contact Philip Colman or Jim O'Connell from our Investment team.