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Road Five - Unit 2 & 3

Industrial Condo Unit in Winsford CW7 3QX

Investment Highlights

  • Fully refurbished in 2023
  • Profile metal cladding
  • Steel portal frame construction

Property Facts

Unit Size 0 SF
No. Units 1
Total Building Size 125,158 SF
Property Type Industrial (Condo)
Property Subtype Manufacturing
Sale Type Investment
Building Class B
Floors 1
Typical Floor Size 125,158 SF
Year Built 2009
Tenancy Single
Lot Size 10.04 AC
Parking Ratio 1.6/1,000 SF

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%.

Amenities

  • Fenced Lot
  • Listing ID: 31721982

  • Date on Market: 5/7/2024

  • Last Updated:

  • Address: Road Five, Winsford CW7 3QX

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