Industrial for sale in Multi-Let Highly Reversionary Industrial Investment, Deans Road Trading Estate, Deans Road, Swinton M27

Offers over £2,150,000 (£87.76/sq. ft)
Interested in this property? Call +44 161 506 9132 * or Request Details

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Industrial for sale

24,498 sq. ft*

Property description

Key Points

  • Multi-let highly reversionary industrial investment opportunity in Swinton, Greater Manchester.
  • Located on the established Deans Road Trading Estate, within 5 miles of Manchester City Centre.
  • Total Floor Area of 24,498 Sq Ft.
  • 3 industrial units subject to occupational tenancies, plus Estate Freehold comprising an additional 5 similarly sized units.
  • Total rental income of £131,581 pa pa.
  • Low average rent of £5.37 psf – approx. 23% under-rented to market.
  • Estimated rental value £171,486 pa (£7.00 psf).
  • Offers in excess of £2,150,000 (STC).
  • Excellent transport connections with J14 of M60 Motorway located within 1 mile and Swinton and Moorside train stations both within 0.5 miles.

    • Description

    The property provides a multi-let industrial estate comprising three units with a total floor area of 24,498 sq ft.

    The units provide industrial warehouses of steel frame construction with full height brick elevations below asbestos sheet pitched roofs. The majority of the units provide two storey, brick-built offices to the front with flat bitumen covered roofs. Externally, the units have the benefit of a large communal yard to the front of the site.

    The Freehold for Deans Road Trading Estate is included with the sale comprising 8 units total.

    Location

    Deans Road Trading Estate is situated on Deans Road in Swinton, Greater Manchester.

    The property is in a popular business location with the well-established Wardley Industrial Estate being situated nearby which is home to Toolstation, ScrewFix, Howdens and Royal Mail. The property is strategically located within close proximity to the A580 (East Lancs Road) providing quick access to the M60, M62 and M61 motorway networks, with J14 of the M60 located within 1.5km. Manchester city centre is a short ride down the A580 situated 5 miles to the east.

    The property also benefits from good public transport connections with both Swinton and Moorside train stations both located within 0.5 miles.

    Availability_Text

    The accommodation comprises the following areas:

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    Sanderson Weatherall - Manchester, M2 on +44 161 506 9132 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sanderson Weatherall - Manchester, and do not constitute property particulars. Please contact Sanderson Weatherall - Manchester for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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