YO32 Unit 6 Alpha Court, Monks Cross, York

The property comprises a modern Grade A office unit extending to 12,250 sq ft NIA within a secure gated estate. The property benefits from LED lighting, raised accessed floors, passenger lift, staff welfare facilities and a generous parking provision of 46 spaces (plus additional) providing a minimum ratio of 1:266 sq ft.

We are instructed to seek offers in excess of £1,570,000 (One Million Five Hundred and Seventy Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive Net Initial Yield of 9.24%, assuming purchaser's costs 6.13% and a very low capital value of £128 per sq ft.

The property is situated at the heart of Monks Cross Business Park, York's most popular office park advantageously situated adjacent to the highly successful Monks Cross Shopping Park and the York Park & Ride bus service.

The Park is conveniently positioned just 3.5 km (2.2 miles) north east of York city centre, with easy access to the A1237/A64 York ring road, just 1.5km (1 mile) to the north.

Modern purpose built two storey Grade A office