Parker Hannifin Manufacturing Ltd, Glendale Avenue, Sandycroft Industrial Estate, Deeside, CH5 2QP
42,270 Sq Ft / Industrial / Investment
For Sale
Available - Last updated: 16 March 2025
- Located in an established industrial estate, 6 miles from the M56 Motorway
- Self-contained industrial / warehouse and office facility totalling approximately 42,270 sq ft (3,927 sq m)
- Site area of approximately 2.04 acres (0.83 hectares)
- Leased to Parker Hannifin Manufacturing Ltd who has a Dun & Bradstreet Rating of 5A1
- The tenant has extended their occupation by way of lease renewal for a period of 5 years commencing 4th February 2024 contracted inside the Security of Tenure Provisions of the LTA 1954
- Current annual rental of £253,620 per annum equates to a low passing rent of £6.00 per sq ft
- Potential estimated rental value of £8.00 per sq ft
- Offers are sought in excess of £3,000,000 (Three Million Pounds) subject to contract and exclusive of VAT
- A purchase at this level reflects a Net Initial Yield of 7.94%, after costs, which equates to £70 per sq ft
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
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For Sale Freehold
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