The property is currently multi let to seven tenants incurring an income of £179,574 per annum.
The yield is based on headline rent and reflects purchaser's costs of 6.31%.
Net income yield
Net operating income
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Property facts for Norwich House, Leicester
The property was constructed in 1983 and is of five storeys, plus basement car park accessed via secure ramp on Bowling Green Street.
The building provides three ground floor retail units with frontage from Horsefair Street returning onto Market Street and Bowling Green Street.
The upper floors are served by a central core benefiting from access via 1.no eight person passenger lift. The specification of the offices includes perimeter trunking, suspended ceilings with a mixture of CAT II florescent lighting, luminaries and spotlights. The property is gas centrally heated via perimeter radiators as well as ceiling mounted cassettes on selected floors.
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