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Well Let Industrial Investment, Howard Basford, Tenax Road, Trafford Park, Manchester, M17 1JT
33,539 Sq Ft / Industrial / General Industrial
Withdrawn - Last updated: 17 December 2021
- Excellent location on one of Europe’s largest and most established industrial estates, Trafford Park.
- Located on Tenax Road within 1.5 miles of Junction 9 of the M60.
- Three inter-connecting industrial units in an end terrace position expanding to 33,539 sq ft with an additional 3,685 sq ft canopy.
- Let on two co-terminus leases to Howard Basford Limited who are a wholly owned subsidiary of Nationwide Accident Repair Services Plc.
- 9.5 years unexpired term (6.5 years to break).
- Current rent of £XXX pa (£XXX psf).
- Offers in excess of £XXX (One Million Four Hundred and Fifteen Thousand Pounds), subject to contract and exclusive of VAT.
- Attractive net initial yield of 9.25% assuming acquisition costs of 5.80%.
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