Brookfield House

Overview

Fully let office investment in close proximity to J10 M56

Brookfield House is a development of two buildings in a private and peaceful location within grounds of approximately 1.9 acres.
Both buildings are occupied and the site is offered for sale.
The site is located within the green belt.

Each building is of brick construction over 2 levels and has been fitted out to a high standard.

The development is fully let to 2 tenants paying a combined rental of £70,000.

The ERV is estimated to be £100,000 per annum.

Extensive parking is provided on site.

The Old Barn extends to approximately 1,861 sq ft and is let to Mag45 (UK) Ltd
The Main Barn extends to approximately 6,300 sq ft and is let to Pennington Choices Ltd

Total 8,161 sq ft

Quoting price of £825,000 + VAT
Reflecting NIY of 8.0% and capital value of £101 psf.
Reversionary yield of 11.5%.

Features

• Two office buildings on a site of c 1.9 acres
• Fully let office investment opportunity
• 8,161 sq ft
• Passing rent = £70,000 pa
• ERV = £100,000 pa
• Extensive car parking

Location

Brookfield House is located just off the A49 Tarporley Road a few minutes drive from Junction 10 of the M56 motorway. The development is easily accessible from Chester, Runcorn, Warrington, Liverpool and Manchester.