No longer on the market
This property is no longer on the market
Floorplan
MapOffice
Sold STC
Office
Features and description
- Set over two floors with separate access doors
- *Newly refurbished throughout*
- Two WC blocks Two kitchens
- Town Centre Location
- Fantastic Yield - Contact us for rent roll details
- EPC B and EPC C (split between upstairs and downstairs)
- Long Leasehold expiring year 3824 (approx 1800 years remaining)(no service charges)
- Potential for a 12% rental yield once fully occupied
* HIGH RENTAL YEILD * POTENTIAL FOR 15% YIELD ONCE FULLY OCCUPIED * 2600 SQ FT Office block in the centre of Stamford. Potential various uses subject to planning. The pictures show the office space for the upstairs offices. There are currently no pictures for the downstairs area, but it is able to be viewed on an internal viewing. The whole of the downstairs has been let out to a window company on a 5 year deal at £2000 per month. Whilst the front upstairs office is let for £1000 per month. Giving the office space £3000 per month rental income currently. There are currently vacant office spaces, which if occupied should be another £1500 per month. Bringing the total income to £4500 per month.
Agent Notes
Property layout has changed downstairs since floor-plan
Council Tax Band: Exempt - Commercial
Tenure: Leasehold
Agent Notes
Property layout has changed downstairs since floor-plan
Council Tax Band: Exempt - Commercial
Tenure: Leasehold
Property information from this agent
About this agent
Welcome to nest ESTATES, your independent estate agent in Stamford The thriving independent property agent with a ‘fresh approach’, specialising in residential sales and lettings. Located in the Market town of Stamford Nest Estates is proud to be located in Stamford, which in 2013 was named as the best place to live in Britain by The Sunday Times. Stamford has wonderful architecture, excellent transport links, high achieving schools and a low crime rate which all contributes to the region’s popularity. Nest Estates specialises in residential property sales and lettings within a 20 mile radius of Stamford. Naturally, we agree that Stamford is a special place and as such deserves a special kind of estate agent, a friendly agent, an agent where you can drop in for a chat and a cup of tea whether you are thinking of buying or selling, letting or renting, or just want some market advice. With 25 years experience in the property industry between them, the founders of Nest Estates, Jayne and Matt, are passionate about achieving the best results for all their clients. They attribute their success to innovative marketing skills, working in partnership with industry experts and treating every client as an individual – at Nest Estates ‘one size does not fit all’.