UK - NAT INV LEE - HUDSON QUARTER_Property for Sale
UK - NAT INV LEE - HUDSON QUARTER_Property for Sale
Waverley Hudson Quarter, York, North Yorkshire, YO1 6AD, UK

UK - NAT INV LEE - HUDSON QUARTER

Asset Description

A BEST IN CLASS OFFICE WITH EXCELLENT SUSTAINABILITY CREDENTIALS

...

Attributes

Asking price
€15,850,000
Building area net
3,601 m²
Occupancy
81%
Year built
2021

Media

Investment Highlights

  • Located in York City Centre adjacent to York Rail Station
  • BREEAM 'Excellent'
  • EPC 'A'
  • Forms an integral part of an exceptional mixed-use development within the ancient city walls
  • York City Centre Grade A availability less than 2%
  • Newly constructed in 2021 and one of the most sustainable office buildings in the regional markets
  • Freehold
  • 36,687 sq ft office building with 31 dedicated car parking spaces and 15 electric charging points
  • 54 secure cycle spaces with shower and drying facilities
  • Occupiers include Great Rail Journeys, Redcentric Solutions, Arcadis and JM Finn & Co
  • WAULT to expiry of 8.80 years and 5.80 years to break
  • Total rent of £958,933 per annum reflecting only £26.14 psf
  • Excellent ESG credentials

We are instructed to seek offers in excess of £13,620,000, subject to contract and exclusive of VAT. A purchase at this level would equate to a net initial yield of 6.60% and a low capital value of £371 psf, assuming purchaser’s costs of 6.72%

Contact brokers

UK - NAT INV LEE - HUDSON QUARTER (0 Properties)

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Last updated
14 Mar 2024