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Unit 1A, Fourth Avenue, The Village Trafford Park, Manchester, M17 1DB
12,837 Sq Ft / Industrial / General Industrial
Withdrawn - Last updated: 10 July 2024
A rare opportunity to acquire a prime detached single let industrial investment situated in the heart of Trafford Park, Manchester.
100% prime location, within 'The Village', Trafford Park and with immediate access to key arterial routes.
Comprising a modern, detached 12,837 sq ft industrial warehouse on a significant 1.00-acre site.
Very low site cover of 29%.
Let to Hermes Parcelnet Limited (t/a Evri) on a straight 6-year FRI lease, expiring June 2028.
Outstanding covenant with a 5A2 Dun and Bradstreet rating (tangible net worth £XXX).
Passing rent of £XXX pa (£XXX per sq ft).
Freehold.
Seeking offers in excess of £XXX (Two Million Four Hundred and Sixty Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this level provides an attractive net initial yield of 4.50%, (assuming purchasers costs of 6.37%).
( Agency Pilot Software ref: 9688 )
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