Hudson Quarter Toft Green, York, North Yorkshire, YO1 6AB, UK

VICTORIA YORK

Asset description

A Prime Grade A Well Let Office Investment Within A Best in Class Scheme

...

Asking Price

¥280,990,000

Building area Net

444 sm

Occupancy

100.00%

Year built

2021

Located in York City Centre adjacent to York Rail Station
Forms an integral part of an exceptional mixed-use scheme within the ancient city walls
York City Centre Office Market Grade A availability rate extremely low
Newly constructed in 2021 and one of the best office suites in York
Virtual Freehold
4,781 sq ft office ground floor unit with 3 dedicated car parking spaces including 1 electric charging point
5 secure cycle spaces with shower and drying facilities
Let to Knights Professional Services Limited until May 2031 providing in excess of 8 years term certain
EPC B (28)
Total rent of £126,275 per annum reflecting only £25.00 psf
We are instructed to seek offers in excess of £1,620,000 subject to contract and exclusive of VAT
A purchase at this level equates to a net initial yield of 7.34% and a low capital value of £338 psf assuming purchaser's costs of 6.14%