Office for Sale

• Three units
• First Floor
• Currently tenanted
• Three parking spaces included
• Jewellery Quarter location

A fantastic investment opportunity to purchase three self contained units in Caroline Point with a NIY of 8.54%

Description This investment opportunity consists of three first floor units within Caroline Point. Unit 3 - 60 m2 (645 sqf) Unit 5 - 99.6 m2 (1072 sqft) Unit 6 - 93.6 m2 (1006 sqft) All three units are currently occupied by Freedom From Torture with a total rental income of £42,480 per annum at a NIY of 8.54%. The tenants have a new lease from the 31st Jan 2023 for 3 years 3 secure parking spaces included Location Caroline Point is located on a prominent corner of Caroline Street just 200 metres away from St Paul's Square, within the vibrant Jewellery Quarter. The location is an up and coming business region in an attractive location with a number of excellent bars and restaurants. Terms £495,000 All on Long Leasehold with 984 years remaining Business Rates The Rateable value for the three units is £32,750 VAT This property is elected for VAT Service Charge To be advised Viewings Strictly by prior appointment with Maguire Jackson Legal Costs Each party is to be responsible for their own legal costs. EPC Available upon request Money Laundering The money laundering regulations require identification checks to be undertaken by all parties purchasing or letting properties. We will therefore be requesting proof of identification for all the parties involved in the transaction.