Quad, Road Five Industrial FOR SALE


Winsford, CHS
$17,000,000 USD
, Winsford, CHS for Sale
$17,000,000 USD
Industrial - FOR SALE
1/3
null | 7% Cap Rate

Quad, Road Five
Winsford, CHS


OVERVIEW

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%.

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Matthew PochinLegat OwenMore Info

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