1 Tetbury Rd, Cirencester, Gloucestershire GL7 1FP

45,247 sq ft

Freehold.
Cirencester is an affluent and attractive market town on the edge of the Cotswolds.
1 Tetbury Road is situated in a prominent position on the edge of the town centre adjacent to a Waitrose food store.
The building comprises a 2007 built high specification office extending to 45,247 sq ft plus 125 car spaces.
1 Tetbury Road is situated in a prominent position on the edge of the town centre adjacent to a Waitrose food store.
The entire property is let on a 20 year lease from October 2007 to St James Place Wealth Management Group plc with a surety from St James’s Place plc.
Current passing rent £1,009,533.36 pax with minimum fixed uplifts in October 2017 to £1,199,008.94 pax and October 2022 to £1,424,046.50 pax.
Sold for £16.4m reflecting a NIY of 5.78% in January 2017