Sold
Westwey House, Weymouth, Dorset
South West
dba286
Office£2,500,000
Tenure: Freehold
Tenancy: Single Let
Investment summary
•Freehold 3 storey office investment.
•Situated within Weymouth’s commercial core overlooking the harbour with significant frontage to Westway Road (A354).
•Let to Secretary of State on a FRI lease expiring in 2070.
•Current passing rent of £104,691 per annum.
•The total net internal floor area is 2791.00 sq m (30,050.0 sq ft) and there are 120 parking spaces.
•Sold at a price of £2,500,000 which reflects a NIY of 3.9% assuming purchasers costs of 5.7625% subject to contract and exclusive of VAT