Commercial property for sale in Quad, Road Five, Winsford Industrial Estate, Winsford, Cheshire CW7

Offers over £17,000,000 (£70.96/sq. ft)
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Commercial property for sale

239,568 sq. ft*

Property features

  • 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
  • Low passing rent of £1,265,856 per annum
  • Units ranging from 43,184 sq ft - 71,226 sq ft

Property description

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%.

Property info

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

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For more information about this property, please contact
Legat Owen, CH1 on +44 1244 725429 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Legat Owen, and do not constitute property particulars. Please contact Legat Owen 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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