Viking Way
Congleton CW12 1LJ
Airbags International · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Prominent Business Location
- High Eaves
- Solid Transport Links
EXECUTIVE SUMMARY
Autoliv Inc (the parent company of Airbags International Limited) are consolidating part of their manufacturing function across Europe, which will result in the phased closure of their UK manufacturing site in Congleton. As such, Airbags International Limited (the UK subsidiary) will enter into an FRI lease for a term of 2 years on the subject property. The lease is to commence upon completion of the sale.
PROPERTY FACTS Under Contract
| Sale Type | Investment |
| Cap Rate | 13.12% |
| Sale Condition | Sale Leaseback |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 11.62 AC |
| Rentable Building Area | 300,955 SF |
| No. Stories | 2 |
| Year Built | 1997 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 25 |
AMENITIES
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
