Office - Investment - Redmond House, 1 Fern Court - Peterlee

Redmond House, 1 Fern Court

Bracken Hill Business Park,
Peterlee, SR8 2RR

   

  • Modern detached two-storey office building totaling 33,516 sq ft
  • Single let office Investment
  • Well established office/call centre location
  • There is excellent car parking provision, with 113 spaces on site, providing an excellent ratio of 1:296 sq ft.
  • Offers in excess of £2,000,000. High net initial yield of 17.70%. Low capital value of £59.67 psf.

Description

The property comprises a modern, detached, two-storey office building constructed in 1998 of steel frame construction with brick elevations, steel framed double glazed windows beneath a pitched roof.

The property's specification includes:-
- Double height reception
- One 8 person passenger lift
- Central heating
- 2.7m clear floor to ceiling height
- Category II lighting
- Full raised access floors
- Male/Female WC's on each floor including disabled WCs
- Showers

Location

The property is located within Bracken Hill Business Park a well-established office/call centre location. The property is accessed to the South-West of Peterlee approximately 1 mile from the Peterlee junction of the A19.

Peterlee is located between the Tyne and Wear and Teesside conurbations offering excellent road links via the A19.




Access
  • Parking : Yes
  • Number of parking places : 113
  • Updated: 16/11/2018
    Reference: 759400
    Office: Investment, Long Leasehold
    33,516  max
    £2,000,000 17.70 % NIY
    Arrange viewing Request details Download brochure
    Your contact

    Mr Aidan Baker
    Broad Chare
    NE1 2HF

    0191 227 5737

    Mr David Michie
    Broad Chare
    NE1 2HF

    0191 227 5714

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