Sold
Anchor House, The Maltings, Silvester Street, Kingston Upon Hull
North East
dba207
Office£3,420,000
Tenure: Freehold
Tenancy: Multi Let
Investment summary
•Net initial yield of 7.0%.
•Reversionary yield of 7.8%.
•True equivalent yield of 8.1%
•Freehold.
•Attractive former Victorian brewery.
•City-centre location close to the railway station.
•Total net internal area of 2,957 sq m (31,819 sq ft).
•Passing rent reflects £86.32 per sq m (£8.02 per sq ft) overall.
•Capital value equating to £1,156 per sq m (£107 per sq ft).
•Car parking ratio of 1:98 sq m (1: 1060 sq ft).