TypeGround Rents
TenureFor sale
The buildings comprise 1x 2 storey and 3 single storey purpose-built office buildings constructed pf brick with pitched tile covered roofs and were erected in the 1980s/1990s. They extend to 17,000 sq. ft together with 82 car spaces on a 1.5 acre site as shown on the attached Promap.
The Ground Rents are secured on Drake House and Drake Mews on Gadbrook Park, which is a Business Park on the outskirts of Northwich, Occupiers include The Hut Group, Roberts Bakery, Poole Alcock Solicitors, WR Partners Accountants, Weaver Vale Housing Association.
Gross Initial Yield just
under 5%