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Red Cross Building, Guildhall Street, Thetford, Norfolk, IP24 2DT

£495,000

£96.64 per sq ft

Business rates & charges may apply

Eddisons Commercial Limited, Bury St. Edmunds
SIZE AVAILABLE

5,122 sq ft

476 sq m

SECTOR

Office for sale

Key features

  • Professional tenant mix
  • Producing £46,750 per annum exc
  • Net initial yield 8.8% (assuming purchasers costs 6.8%)
  • Town centre location
  • The property current has two separate EPC certificates with the following ratings: B (44) C (53)
  • The property is let to three separate tenants, further lease details are in the tenancy schedule.

Description

The property is a fully occupied two storey commercial building, built around the 1960's 70's of brick construction, with full height windows and a flat roof. The property is let to three separate tenants and produces a total current rent of £46,750 per annum. Situated in Thetford Town centre, the building provides well appointed office and retail accommodation arranged over ground and first floors. Having undergone a number of recent improvement works including re-decoration, LED lighting and new WC facilities. Each unit is self contained, with shared access to a communal accessible WC. Externally there are four car parking spaces. The entire first floor is occupied by Metcalfe Copeman & Pettefar LLP, a long established regional firm of solicitors. The ground floor is split into two separate units and let to Terry Jermy MP as a constituency office and Insight Optical Limited, trading as 'Scott's Opticians'. Both ground floor units have undergone refurbishment and the opticians has been reconfigured and finished to a high standard.

Brochures

Red Cross Building, Guildhall Street, Thetford, Norfolk, IP24 2DT

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Thetford Station0.5 miles

About Eddisons Commercial Limited, Bury St. Edmunds

Unit 12 Forbes Business Centre Kempson Way Bury St. Edmunds IP32 7AR

Leading commercial property agents in the sale and letting of office, industrial and retail property, plus development and investment opportunities.

Notes

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Disclaimer - Property reference 3023221FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Eddisons Commercial Limited, Bury St. Edmunds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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