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Investment

Investment For Sale Derby

PROPERTY ID: 151233

PROPERTY TYPE

Investment

STATUS

Available

SIZE

2,917 sq.ft

Key Features

Very rare opportunity to acquire a freehold office investment on Derby’s highly sought after Wyvern Business Park
Subject to existing lease to long established Estate Agents and Chartered Surveyors
Potential future growth forecast in highly popular dedicated Office Park

Property Details

Location  The Wyvern Business Park was built by developer William Davis of Loughborough as part of a comprehensive scheme which included the adjacent Wyvern Retail Park – home to many retail stores including Sansbury‘s, Boots and Costco.

The Wyvern Business Park is an exclusive landscaped dedicated office park and extends to some 300,000 sq ft of offices built in phases, all roads and sewers are adopted and there is a 108 bedroomed Premier Inn hotel on site.

Occupiers include NatWest Bank, Assystem of France, Flat Iron and the Henry Schein Group, both of the USA, Motorpoint Head office, PDS Infrastructure Systems, Steris, a global healthcare equipment and services provider and a HM Government regional office

The Property  Oxford House was built in 2003 as part of Phase 5 Wyvern Business Park which includes two other office buildings Exeter House and Durham House.

The three owners control a Management Company which maintains the landscaping and common areas.

Oxford House is well presented, two storey, semi- detached office building with double glazed windows and external doors set in powder coated aluminium frames, gas fired central heating and comfort cooling.

Accommodation  

Net Internal Area      2,917 sq ft

Car Parking               16 spaces

Terms  The premises are let by way of a full repairing and insuring lease dated 21.09.2020 for a term of ten years expiring on 20.09.2030, with a break option on 20.09.2028, subject to six months advance notice and let to the personal partners of a long established Estate Agents and Chartered Surveyors practice, Boxall Brown & Jones

Current Passing Rent  £40,760 per annum exclusive

Terms & Title  Oxford House is offered for sale freehold, subject to the existing lease

About the Agent

Raybould and Sons

See Agent's Other Properties

Office Investment Opportinity

£530,000 Freehold

Stanier Way, Derby, DE21 6BF
Investment - Available
2,917 sq ft
271 sqm
Show phone number

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