Property Information
Address:
Unit 6 Apex Industrial Estate, Kilbuck Lane, Haydock, North West
, WA11 9SZ
, North West
, United Kingdom
Price: Sale Price: £1,800,000
Size: 11370 sq ft1056 sqm
Primary Category: Industrial
All Categories:
Investment, Industrial,
Property Ref/Movehut: MH691332
Property Ref/Agent: 115617
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: June 16, 2024
Property description
BRAND NEW SINGLE LET INDUSTRIAL INVESTMENT OPPORTUNITY
Brand new single let industrial investment opportunity
Located within the established commercial location of Haydock Industrial Estate
Strategically situated for the wider highway network with easy access to Junction 23 of the M6 Motorway
Total floor area of 11,370 sq ft
Site of 0.68 acres, providing a low site cover of 34%
Let to Global Material Handling Limited
15 year lease expiring 17 April 2038 with tenant break option 18 April 2033
13.9 years unexpired (8.9 years to break)
Low passing rent of £118,335 per annum (£10.41 psf)
Rent reviewed five yearly to greater of OMRV or CPI annually compounded (cap and collared 2-4%)
Freehold
We are instructed to seek offers on the portfolio in excess of £1,800,000 (One Million and Eight Hundred Thousand Pounds) for the Freehold interest, subject to contract. A purchase at this level reflects the following yield profile after deducting purchaser's costs of 6.16%.
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