Offers over
£500,000
(£98.81/sq. ft)
Office for saleBala House, Lakeside Business Village, St. Davids Park, Ewloe, Deeside, Flintshire CH5
5,060 sq. ft
About this property
Annual rent = £65,000 (c. £12.85 psf) paid monthly in advance
Landlord and tenant break on 18th September 2027 (6 months notice)
Term = 5 years to expire 17th September 2031
The lease is contracted outside of the 1954 Landlord and Tenant Act
A copy of the lease is available in the data room.
Auction 23rd September 2026 - of interest to investors and owner occupiers
5,060 sq ft with large car park. C 24 cars plus room to double park
The property comprises a detached office of approximately 5,060 sq ft located at St. Davids Park, Ewloe, North Wales.
The property is of brick construction and was built c. 1998.
The property is arranged over ground and first floor and provides modern open plan space.
The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and comprises a Net Internal Area of approximately 5,060 sq ft with a large private car park (see title plan).
The property has a Rateable Value of £52,000.
Rates are paid by the occupier.
An estate charge is payable - Budget = £6,500 per annum for 2026.
Further information available in data room.
The property has an EPC rating of C.
The property is held by way of a long lease for a term of 199 years from 25th March 1997 at a peppercorn rent. Title number CYM87273. Full title information is available in the data room.
The property is offered for sale (subject to an occupational lease) by way of unconditional online auction to be held 23rd September 2026. Exchange of contracts upon fall of hammer. 56 day completion thereafter.
Guide price of £500,000 plus VAT
Reflects c. £99 psf.
Net initial yield of 12.4%
The property is subject to an occupational lease:
-Dated 20th June 2026
-Leased to Arrow Business Communications Limited (Experian rating = 51)
-Annual rent = £64,000 (c. £12.85 psf) paid monthly in advance
-Landlord and tenant break on 18th September 2027 (6 months notice)
-Term = 5 years to expire 17th September 2031
-The lease is contracted outside of the 1954 Landlord and Tenant Act
A copy of the lease is available in the data room.
Auction guide price is £500,000 subject to contract and exclusive of VAT.
A purchase at this level reflects a net initial yield of 12.4%, reflecting a capital value of £99 psf.
All bills are paid by the occupier.
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