£425,000
(£123.83/sq. ft)
Property for saleUnit Herald Park, Macon Way, Crewe, Cheshire CW1
3,432 sq. ft
About this property
Modern mid-terrace industrial unit of 3,432 sq ft
Prime Crewe location
Let to Shorterm Ltd (Co. No. 01064271)
Rent passing £22,150 per annum (£6.45 per sq ft)
Highly reversionary - erv £34,320 per annum (£10 per sq ft)
£425,000 representing an underlying capital value of £123.83 per sq ft
Net Initial Yield of 5.0% and a Reversionary Yield, assuming a rent of £34,320, of 7.3%
Modern industrial unit - Let to Shorterm Limited
3,432 sq ft (318.84 sq m)
Freehold investment - £425,000 for the freehold
The unit is located within a row of six modern units on Herald Park, which is accessed from Macon Way, a principal route to Crewe town centre. The unit is well located for industrial / distribution uses with direct access to Crewe's principle routes leading to Junctions 16 and 17 of the M6 motorway
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