Alcester Heath, Alcester B49 5JG

FOR SALE FREEHOLD - A landmark roadside office building situated in a prominent position on the outskirts of Alcester, Warwickshire occupying a plot of 0.54 acres. The building is set over three floors and is partly tenanted giving rental income of £67,676 per annum and the opportunity for an owner occupier to use the balance of the space or let out further office rooms as required. The office may also be of interest to investors seeking reversionary investment opportunities with estimated rental income at full occupancy in excess of £100,000 per annum. Guide Price £1,100,000 + VAT.

Turnpike Office Building is a detached modern office set over three floors with a central staircase and lift facility. On the ground floor are four office suites, two of which are let out on occupational leases. There is a female WC, janitors’ cupboard, plant room, disabled WC and common hallway leading to the lift and staircase.

On the first floor are five suites, four of which are let out with one vacant suite. There is also a WC facility and two kitchens on either side of the main lift shaft. On the second floor is a suite of offices let out to one occupier who have been in occupation for many years. Externally there is a generous car park with 54 parking spaces, landscaped borders and mature trees. All the common external and internal areas are maintained by the comprehensive service charge which is independently managed by a firm of Chartered Surveyors.

Investment Potential - With the building at full occupancy the potential rental income is estimated in excess of £100,000 per annum.