Sheerness

Britannia House
New Road
ME12 1NB

Property Summary

Offices for sale part income producing

  • Size: 4,221 Sq Ft
  • Price: £425,000
  • Type: Office
  • Availability: For Sale
  • EPC Rating: E
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Property Features

  • Serviced Offices
  • Two storey office building
  • Incoming rent £28,000 per annum
  • ERV £73,000 per annum
  • LED Lighting
  • Keycode door access

Description

Britannia House is a two storey office building which is currently made up of 13 individual suites ranging from 87 sq ft up to 502 sq ft which have the benefit of LED, electric heating, carpets and data cabling. The suites are let under licence to multiple tenants by way of a 12 month agreements The Licence is inclusive of rent, external and common parts maintenance, cleaning, buildings insurance, fire alarm maintenance, electric,water and refuse collection. Excluded is telephone/IT and business rates. There is the potential to create parking to the front subject to planning.

Location
The property is situated on New Road less than 1 mile south west of Sheerness town centre, providing retails and other amenities. Sheerness railway station is within walking distance providing services to London via Sittingbourne. Sheerness is situated ont he isle of Sheppy accessed via the A229 with the M2 junction 5 within 10.5 miles and M20 junction 7 (Maidstone) within 16.5 miles to the south west.

Terms
The property is currently 36% let with 4 tenants providing an income of circa £28,000 per annum with an ERV of £73,000. Further information upon request.
The property is available by way of freehold seeking offers in the region of £425,000 plus VAT.

Anti-Money Laundering Regulations
We are under a legal obligation to comply with the Anti-Money Laundering Regulations to obtain proof of the purchaser's identity prior to solicitors being instructed.

Available Area

Name/FloorSq FtSq M
Ground Floor Office Right Hand Side91284.73
Ground Floor Office Left Hand Side1,248115.94
1st Offices2,061191.47
Total4,221392.14

Viewing & Further Information

For further information, or if you would like to arrange a viewing use our enquiry form or please contact one of our agents

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