Spanning 4,917 sq ft of office space across three floors, the property is occupied as a Job Centre and let to The Secretary of State for Communities and Local Government on a 10-year lease from 1 April 2018, at a current rental of £92,000 per annum. The property also benefits from five dedicated parking spaces.
Located in the heart of Didcot town centre, 130 Broadway offers investors the chance to benefit from change of use to residential across the upper floors, subject to vacant possession and planning permission. An historic change of use to residential accommodation was previously granted in August 2016.
FMX's Graham Fawcett and Patrick Kilvington have been instructed by client Glenstone REIT to market this freehold property seeking offers in excess of £915,000, reflecting a net initial yield of 9.50%. Take a look at the brochure below and get in touch to find out more details.
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