Unit 6 Apex Industrial Estate, Kilbuck Lane, Haydock
11,370 sq ft
Description
- Price Offers in excess of £1,800,000
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%.
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%.
