Evolution Lakeside Business Village St David's Park, Ewloe, CH5

UNDER OFFER

A multi-let office investment for sale at St Davids Park, Ewloe, Flintshire. St Davids Park is home to Redrow PLC, Moneysupermarket.com, Flintshire County Council and Anwyl Group.

The property provides 12,972 sq ft of flexible accommodation and benefits from 58 car spaces, an excellent ratio of 1:224 sq ft.

4 renewals & 1 letting since end of 2017 with the latest renewal in January 2019 at £14.98 psf indicates substantial reversionary potential.

Offers in excess of £1,700,000, which reflects a Net Initial Yield of 8.47%, (assuming purchasers costs of 6.5%).

999 year lease from 30th July 2003 subject to a peppercorn rent. Title Number - CYM139556.