Road Five, Winsford, CHS for Sale
Warehouse - FOR SALE
1/2
null | Request Cap Rate

Road Five
Winsford, CHS CW7 3QY


HIGHLIGHTS

  • Fully refurbished in 2023
  • Steel truss frame construction
  • Large self-contained yard
  • 5.8 metre eaves
  • EPC ‘B’

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%.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.04

LAND SF

437,342

ZONING

-

APN/PARCEL ID

CH229297,CH709859

ASK ABOUT THIS PROPERTY

Matthew PochinLegat OwenMore Info

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