£2,695,000
(£89.41/sq. ft)
Property for saleBowen Court, St Asaph Business Park, St Asaph, Denbighshire LL17
30,141 sq. ft
Just added
About this property
Modern, multi let office park
Current passing rent = £289,479.14 per annum
Erv = £335,951 per annum
Dedicated on-site parking
Many units have been refurbished in the last few years
Economic electric heating
A strong mix of 36 tenants, many longstanding
For sale - bowen court, st asaph business park, LL17 0JE
multi let office park. Investment opportunity.
30,141 sq ft across 3 buildings
99% occupied (200 sq ft vacant)
A strong mix of 36 Tenants, many longstanding
A modern, multi let office park
Majority of units refurbished in last 4 years
Current passing rent c £290,000 pa
erv = £336,000 pa
Sale due to retirement of current owner
Originally built by Gladman Developments
St Asaph Business Park is situated in a central location along the north Wales A55 and is widely regarded as the premier business park in North Wales. This modern high quality office development comprises a range of terraced and semi-detached offices.
30,141 sq ft across buildings 2,4 & 6.
Buildings 3,5 and 7 are let on long leases to expire prior to Head Lease.
Building 1 excluded from sale
Held by way of long lease to 2253
Quoting price = £2,695,000
To be sold by way of togc
A Purchase at this level reflects a Net Initial Yield of 10.2% (assuming standard purchasers costs of 5.7%) and a reversionary yield of 11.5%.
A low capital value of £89.41 psf.
All enquiries to Legat Owen
multi let office park. Investment opportunity.
30,141 sq ft across 3 buildings
99% occupied (200 sq ft vacant)
A strong mix of 36 Tenants, many longstanding
A modern, multi let office park
Majority of units refurbished in last 4 years
Current passing rent c £290,000 pa
erv = £336,000 pa
Sale due to retirement of current owner
Originally built by Gladman Developments
St Asaph Business Park is situated in a central location along the north Wales A55 and is widely regarded as the premier business park in North Wales. This modern high quality office development comprises a range of terraced and semi-detached offices.
30,141 sq ft across buildings 2,4 & 6.
Buildings 3,5 and 7 are let on long leases to expire prior to Head Lease.
Building 1 excluded from sale
Held by way of long lease to 2253
Quoting price = £2,695,000
To be sold by way of togc
A Purchase at this level reflects a Net Initial Yield of 10.2% (assuming standard purchasers costs of 5.7%) and a reversionary yield of 11.5%.
A low capital value of £89.41 psf.
All enquiries to Legat Owen
Mortgage calculator
Monthly repayment
£13,481 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}