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Lyons Rd 9,107 SF Industrial Building Manchester M17 1RN $1,204,124 ($132.22/SF) 1.12% Cap Rate
Investment Highlights
- Located on Lyons Road, just off Ashburton Rd West in the heart of Trafford Park, the north west's premier industrial location.
- Major occupiers include Kellogg's, Adidas, Proctor and gamble and L'Oréal.
- Access to both Junction 2 of the M602 and Junction 9/10 of the M60 are less than 1 mile from the property.
Executive Summary
Occupational Tenancy
The site will be sold with a tenant in situ to the rear of the site fronting Bailey Road, which does not interfere with the use of the car park or yard area. The Carburante Café Ltd occupy a converted Storage Container to the rear of the yard/ car park. The lease is 10 years from September 2021 at a passing rent of £10,000 pa.
The site will be sold with a tenant in situ to the rear of the site fronting Bailey Road, which does not interfere with the use of the car park or yard area. The Carburante Café Ltd occupy a converted Storage Container to the rear of the yard/ car park. The lease is 10 years from September 2021 at a passing rent of £10,000 pa.
Property Facts Sale Pending
| Price | $1,204,124 | Lot Size | 0.10 AC |
| Price Per SF | $132.22 | Rentable Building Area | 9,107 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Cap Rate | 1.12% | Year Built | 1978 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.99/1,000 SF |
| Property Subtype | Manufacturing | No. Drive In / Grade-Level Doors | 1 |
| Building Class | C |
| Price | $1,204,124 |
| Price Per SF | $132.22 |
| Sale Type | Investment or Owner User |
| Cap Rate | 1.12% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.10 AC |
| Rentable Building Area | 9,107 SF |
| No. Stories | 3 |
| Year Built | 1978 |
| Tenancy | Single |
| Parking Ratio | 0.99/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Fenced Lot
- Security System
- Signage
- Reception
- Perimeter Security Fence
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