£ 925,000 Freehold
10,738 sq ft
Overview
The Hanover Portfolio comprises 3 multi let office buildings in North Wales.
Carlton House, 68 Conway Road, Colwyn Bay, Conwy LL29 7LD
Somerset House, 30 Wynnstay Road, Colwyn Bay, Conwy, LL29 8NB
Hanover House, The Roe, St. Asaph, Denbighshire, LL17 0LT
Each property has on site parking, 24/7 access, shared kitchens and meeting rooms (Excluding Carlton House) and are conveniently located with easy access to the local town centre.
Total rental income of c £100,000 pa
The company that owns the premises, Hanover Business Centres Limited is offered for sale.
The company has no further assets nor liabilities.
Company number 02302007.
Purchase price of £925,000 reflecting
Overall rate of £86.14 psf
NIY 10.38% on passing rent
Reversionary yield of 10.9% when fully let
Features
- 3 multi let office buildings in North Wales
- Accumulated size of over 10,738 sq ft
- Approximately £106,500 per annum when fully let
- Each property has on site parking
- 24/7 access
- Shared kitchens
- Conveniently located with easy access to the local town centre
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