Prominent office building in Stamford town centre - investment/development opportunity
Description
The property comprises 2, two-storey office buildings of brick construction with predominantly open plan offices at ground and first floor level. Unit 1 has a large open plan office on the first floor, a board room and kitchenette on the ground floor, air conditioning, a mixture of LED and fluorescent lighting throughout, a server room, WC’s and 6 car parking spaces. Unit 2 is currently used as treatment room with LED lighting and a WC. Unit 3 has an open plan office with a kitchenette, LED lighting and 1 car parking space. Unit 4 has an open plan office with a kitchenette, fluorescent lighting and 1 car parking space.
Viewings
Strictly by appointment with the sole agents.
Terms
The property is available for a sale freehold.
Tenancy Schedule
Unit 1 - Let to Urban Edge Architecture - Tenant only 6 month rolling break option & Rent Review 2023 - lease ends 2025 - rent: £20,000 pax
Unit 2 - Let to Aquilia Acupuncture - Break Clause 2025 - lease ends 2028 - rent: £3,600 pax
Unit 3 - Let to Urban Edge Architecture - Tenant only 6 month rolling break option & Rent Review 2023 - lease ends 2025 - rent: £8,000 pax
Unit 4 - Let to Landmark Media - Break Clause 2025 - lease ends 2027 - rent: £8,250 pax
EPC Rating is C
Name | sq ft | sq m |
---|---|---|
Unit - 1 | 1,901 | 176.61 |
Unit - 2 | 226 | 21 |
Unit - 3 | 697 | 64.75 |
Unit - 4 | 697 | 64.75 |