Investment Summary

Drake Business Park, Drake House Crescent, Sheffield, S20 7HT

  • Multi-let business space investment
  • Prominently located off the A57 and 3 miles from junction 1 of the M1
  • Immediately adjacent to Drakehouse Retail Park and Crystal Peaks Shopping Centre
  • 2 standalone office buildings together with a hybrid industrial/office unit extending to 20,313 sq ft on a site of 2.19 acres
  • Modern accommodation constructed in 2005
  • Freehold
  • Total 'topped up' rent of £192,397 per annum, equating to just £9.47 psf
  • ERV of £197,537 per annum
  • AWULT to expiry of 8.2 years (3.5 years to break)
  • We are instructed to seek offers in excess of £1,500,000 (STC),which reflects the following yield profile:-
  • 12.10% NIY
  • 12.42% Rev Yield
  • Low capital value of just £74 psf
Back to investments