Amersham, Casina & Burton House

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RECENTLY SOLD. 

Casina & Burton House, Repton Place, White Lion Road, Amersham HP7 9LP

Freehold Office Investment For Sale

Investment Summary

• Located in Amersham, Buckinghamshire, fronting the A404 to the east of the town centre.
• Total of 16,150 of office accommodation in 2 self-contained buildings.
• Fully let on 2 leases to Steelstone Properties Ltd and Keyland Developments Ltd for terms expiring in September 2014.  
• 72  car spaces providing an overall car parking ratio of 1 space per 224 sq ft.
• Current rent passing of £330,047 per annum, reflecting £20.44 per sq ft (£220 per sq m) overall.
• Freehold.
• Opportunities to surrender existing leases and regear with sub tenants
• Offers in excess of £2,500,000 (Two Million, Five Hundred Thousand Pounds), reflecting a Net Initial Yield of 12.48%, assuming normal purchaser’s costs of 5.8%.