Phoenix House 1 Wards Road, Elgin, Moray, IV30 1QL
Under Offer
Property Summary
Office Investment Opportunity comprising Phoenix House a Standalone 2-Storey Office Building with 21 Car Parking Spaces. The building is 100% occupied to national covenants - Let to SCRA and Harper MacLeod.
Wault 8.48 Years/ WaultC 4.90 Years; Current Rental Income of £60,000 per annum with an ERV of £67,500 per annum. Offers Over: £695,000 Invited - Net Initial Yield: 8.21% and Reversionary Yield: 9.24%.
Wault 8.48 Years/ WaultC 4.90 Years; Current Rental Income of £60,000 per annum with an ERV of £67,500 per annum. Offers Over: £695,000 Invited - Net Initial Yield: 8.21% and Reversionary Yield: 9.24%.
Full Details
Office Investment Opportunity comprising Phoenix House a Standalone 2-Storey Office Building with 21 Car Parking Spaces. The building is 100% occupied to national covenants - Let to SCRA and Harper MacLeod.
Wault 8.48 Years/ WaultC 4.90 Years; Current Rental Income of £60,000 per annum with an ERV of £67,500 per annum. Offers Over: £695,000 Invited - Net Initial Yield: 8.21% and Reversionary Yield: 9.24%.
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