Stratford Enterprise Park, Stratford-Upon-Avon CV37 9NR

** INVESTMENT OPPORTUNITY PRODUCING 8.1% GROSS YEILD ** A modern office building to be let on a new lease at a rent of £27,188 per annum on a 5 year lease with a 3 year break clause. Located just a five minute walk from Stratford Parkway Station and 8 miles from junction 15 of the M40. £335,000 + VAT.

Office 11 was originally is own self contained office but the previous owners knocked through from office 12 next door to create one open plan space ground and first floor space. The current owners are looking to return the building back to its original configuration (at their costs) and give a sale and lease back on office 11. On completion of the sale a new lease will simultaneously start for a term of 5 years at a rent of £27,188 per annum + VAT. The lease will be based on standard commercial full repairing and insuring terms and will contain a three year mutual break clause having given 6 months prior written notice. A full Credit Safe company report is available on the proposed tenant which gives a international credit score of A and a contract limit of £75,000 with a net worth of £559,769 for accounts year ending 2023.

The building itself is a modern construction built in 2008, in recent times the building has been upgraded with new air conditioning units and LED lights.

The accommodation is laid out as follows: Ground floor entrance door leads to a corridor with disabled access toilet, electrical cupboard and a door leading to the ground floor office or first floor via the stairs. The ground floor office is open plan with eight windows giving plenty of natural light into the space. The ceilings are suspended ceilings tiles with LED lights set within them, the floors are carpeted floor tiles and there is a kitchen facility as well as a separate room with sink currently used as a storage cupboard.
On the first floor there is a toilet at the top of the stairs as a store room next door to it which could be converted into a kitchen/breakout room given its proximity to the toilets plumbing next door. There is a large board room/meeting room with four windows and infrastructure for a large LCD display screen. The main office space is open plan featuring five windows, carpet tiles, suspended ceiling tiles and LED panels in the ceiling.

The property is long leasehold but the Freeholder has indicated they would sell the Freehold interest should any purchaser be interested.