Woodmead Premises For Sale | 23 Morris Street, Woodmead
Sectional title, stand alone office block for sale in Woodmead. Two floors, each 250m2. Each floor with its own set of male and female ablutions. Kitchenette, bar and server room all available on 1st floor. Open plan and private spaces available on both floors . Ample storage space on each floor. Fibre connectivity available. Power skirting throughout. Conveniently located near to the Buccleuch interchange as well as retail and healthcare amenities. Very well priced. No additional capital outlay required for interior refurb purposes.
Woodmead is one of the office nodes currently experiencing stagnation with very little development taking place and very small growth witnessed in rental rates.
The node has lost much occupier interest due to the lack of quality office accommodation (Grade P). Stock in Woodmead is spread between Grade A (72%) and B (28%). Nevertheless, Woodmead has maintained single digit vacancy rates over the...
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