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The Old Court House, 267/275 High Street, Dorking, Surrey
London - M25
dba220
Office£1,565,000
Tenure: Freehold
Tenancy: Multi Let
Investment summary
•Attractive Net Initial Yield of 7.0%.
•Low capital value of £2,314 per sq m (£215 per sq ft).
•Total net internal area of 628.96 sq m (6,770 sq ft).
•Passing rent reflects £163.94 per sq m (£15.23 per sq ft) overall on the office building and £247.79 per sq m (£23.02 per sq ft) Zone A on the A2 element.
•Strong tenant profile; let to Barclays Bank Plc and Countrywide Estate Agents.
•Excellent town centre car parking ratio of 1:23.29 sq m (1:250 sq ft).
•Potential for residential development, subject to obtaining the necessary consents.