Road Five
Winsford CW7 3QX
Unit 2 & 3 · Industrial Property For Sale
·
251,920 SF
INVESTMENT HIGHLIGHTS
- Fully refurbished in 2023
- Profile metal cladding
- Steel portal frame construction
PROPERTY FACTS
| Total Building Size | 251,920 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Manufacturing |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 251,920 SF |
| Year Built | 2009 |
| Tenancy | Single |
| Lot Size | 8.61 AC |
| Parking Ratio | 1.6/1,000 SF |
AMENITIES
- Fenced Lot
1 UNIT AVAILABLE
Unit Q2
| Unit Size | 0 SF |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
SALE NOTES
Revisionary multi-let industrial investment opportunity.
Comprising 239,568 sq ft across 4 mid-box industrial units, on a site of 13.29 acres.
Fully let to 4 tenants all rated 'Low' or 'Very Low Risk' by CreditSafe, with c.70% of the income secured against covenants considered 'Very Low Risk'.
Low passing rent of £1,265,856 per annum reflecting an average of £5.28 psf, against a reversionary rent of £1,506,851 per annum / £6.29 psf.
Freehold - Offers in excess of £17,000,000, which reflects a Net Initial Yield of 7.00% and a Reversionary Yield of 8.30%, after deducting purchasers costs of 6.74%.
