£ 14,300,000 OIRO Freehold
Prime North West multi-let investment opportunity.
Rare opportunity to acquire a well specified, highly prominent, multi-let industrial estate due to complete in February 2019.
5 units extending to 125,749 sq ft (11,682.46 sq m), with individual units ranging from approximately 12,000 sq ft (1,114.84 sq m) to 37,000 sq ft (3,437.41 sq m).
Total rental income of £839,554 per annum equating to £6.68 per sq ft (£71.90 per sq m).
Site extending to 6.97 acres (2.82 ha), reflecting a low site cover of approximately 41%.
Offers in excess of £14,300,000 (Fourteen Million Three Hundred Thousand Pounds) representing a Net Initial Yield of 5.50% (allowing for purchaser's costs of 6.76%), and a low capital value of £114 per sq ft (£1,227.09 per sq m).
- Site extending to 6.97 acres (2.82 ha), reflecting a low site cover of approximately 41%
- Virtual Freehold
- Strategically located within 4 miles (6.4 km) of Junction 16 of the M6 Motorway, providing excellent access to the national motorway network