Seymour House, Harbour Walk, Hartlepool Marina, Hartlepool, TS24 OUX

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For Sale - Available £1,000,000 - Commercial, Office
10098 sq ft  Add to Favorites Print

Multi let office located in the Marina area of Hartlepool.

Attractive environment with retail, office, cafes/restaurant, bars gym, leisure and hotel and the Museum of the Royal Navy, in the immediate area.

10,098 sq ft over 4 floors let to Oakwade Ltd, Triage Central Ltd, Trustees of the GMB Union and Seymour (Civil Engineering Contractors) Ltd.

Total rent of £111,788 pa with rents ranging from £9.88 to £12.95 psf.

Most recent letting evidence with the building suggesting an overall ERV of £120,125 pa.

Whilst the office use works well there is potential for future conversion to residential.

Offers over £1,000,000 reflecting a net initial yield of 10.57%, reversionary yield of 11.36% and a capital value per sq ft of £99.03.


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