£2,100,000

Property for sale

  1.  Photo 1
Freehold

Offers over

£2,100,000

(£142.93/sq. ft)

Property for sale

County Gate, County Way, Trowbridge, Wiltshire BA14

14,692 sq. ft

Local area information

Property location

Nearby amenities

  • Newtown Community Primary School 0.3 miles
  • Oasis Academy Longmeadow 0.3 miles
  • Trowbridge 0.4 miles
  • Bradford-on-Avon 2.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Ground & First Floor: Awaiting assessment. Second Floor: B (33) Third Floor: Awaiting assessment.
Modern Multi-Let Office Investment Opportunity

investment summary:

- Landmark Building situated in a prominent location on edge of town centre location.
- Modern four storey office building providing a total NIA of 14,644 sq ft with on site parking for 35 cars
- Freehold
- Full let to three tenants; BSquare emea Ltd, Monahans llp and Atkins Ltd
- Currently producing £141,125 per annum rising to £166,750 pa from Dec 2023 (£11.28 per sq ft average)
- We are instructed to seek offers in excess of £2,100,000 reflecting an attractive net initial yield of 7.43% assuming purchasers' costs of 6.30%.
- WAULT till lease expiry 7.70 years; till break 3.17 years
- A purchase at this level reflects a low capital value of £136.20 per sq ft

description:

County Gate is a striking four storey building, constructed of brick and glazed elevations under a pitched roof. Constructed in 2005 to a high specification and includes:
- Passenger (8 person) lift
- Ladies and gents WC's on each floor
- Full height glazed entrance foyer
- Air conditioning
- Fully accessible raised floors
- Suspended ceilings

Trowbridge is the county town of Wiltshire and is located approximately 13 miles south-east of Bath, 40 miles south-west of Swindon and 33 miles north-east of Salisbury. The town has direct access tot he A350 which in turn links with Junction 17 of the M4 approximately 20 miles to the north.

Neighbouring towns of Frome, Chippenham and the city of Bath are all within a 20-minute drive of Trowbridge with Bristol and Swindon accessible in under an hour.

Situation:
The property is situated in a prominent location on County Way / Longbridge Roundabout junction being south of Trowbridge town centre but within easy walking distance of the town centre amenities, to include St Stephens Place and the Shires Shopping Centre; County Hall and Trowbridge Railway Station.

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Property descriptions and related information displayed on this page are marketing materials provided by - Carter Jonas. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Carter Jonas for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Wiltshire
  4. Trowbridge
  5. County Way

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