The property comprises four office buildings located on the Midland’s premier business park. The property has a total area of 47,203 sq.ft with an excellent parking ratio of 1:189 sq.ft. Three of the buildings have been refurbished to a very high standard. Total rental income £817,793 per annum (average passing rent is only £16.96 per sq.ft). The property has considerable asset management opportunities. Offers sought in excess of £9,300,000 which reflects a net initial yield of 8.24% and a low underlying capital value of £197 per sq.ft, assuming purchaser’s costs of 6.69%.