Sold
East Saxon House, 27 Duke Street, Chelmsford, Essex
London - M25
dba031
Office£7,050,000
Tenure: Freehold
Tenancy: Single Let
Investment summary
•Highly specified town centre office building adjacent to Chelmsford Railway Station.
•Net initial yield of 8.0%, and a reversionary yield of 8.7%.
•Capital value equating to £2,400.3 per sq m (£223.0 per sq ft).
•Approximately 6.5 years unexpired to Global Marine Systems Ltd.
•Passing rent equating to £203.6 per sq m (£18.9 per sq ft).