UK - NAT INV LEE - HUDSON QUARTER

• 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%