Property overview

Unit 3, Hampton park, Hampton Lovett, Droitwich, WR9 0NX

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£385,000
Apr 2012

Franck-Steier Price has recently completed the sale of an office investment on behalf of CBRE Global Investors.

The property comprises a modern detached office building extending to 3,700 sq.ft with 18 car parking spaces.

The property is let to Q-Com Maintenance Ltd for a term expiring in July 2021.  The current rent is £40,000 per annum.

The investment was purchased for £385,000, which reflected a net initial yield of 9.91% reverting to.  The purchaser was a private investor represented by Halls Commercial.