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- Ashford is one of the most well connected towns in the United Kingdom situated only 54 miles south east of London with excellent connections to Europe.
- Landmark building prominently located within 0.1 miles of the City Centre and 0.6 miles of Ashford International Station.
- A new 999-year lease at a peppercorn.
- Comprising office accommodation (Class B1) providing a total of 12,505 sq ft.
- Occupational lease guaranteed by Regus Plc.
- Current passing rent of £208,458 per annum (£16.67 per sq ft).
- Unexpired lease term of 10.6 years (5.6 years term certain).
- Potential for change of use, subject to planning.
- We are instructed to seek offers in excess of £1,960,000, subject to contract.
- A purchase at the asking price would reflect a Net Initial Yield of 10.0% and a Capital Value of £157 per sq ft (assuming standard purchasers costs of 6.26%).
