Asset class: Office
Size: 38,500 sq.ft.
Site Area: 1.69 acres
Income per annum: £470,000
NIY: 8.1%
Cap Val: £148 per sq.ft.
Purchase price: £5.7m
The property comprises four purpose-built office buildings, arranged as eight separate suites. Several of the suites have recently been refurbished to a high standard.
The Maylands Business District employs approximately 16,000 people and attracts global corporations such as Amazon, DHL, ASOS, BP, Wirpo and Virgin Media. The site area totals 1.69 acres with 136 onsite parking spaces.