Investment Summary

4/5 Bentley Avenue, Stakehill Industrial Estate, Manchester

  • Prime industrial investment
  • Stakehill Industrial Estate is an established distribution location at the heart of the North West’s motorway network 
  • 35,400 sq ft on a site of 1.95 acres
  • Long leasehold for a term of 125 years from 23rd August 2003 at a peppercorn 
  • Let to JLG Industries (United Kingdom) Limited, guaranteed by JLG Industries Inc
  • Expiring 9th October 2019
  • Current rent of £226,366 pa (£6.39 psf) 
  • Offers in excess of £2,700,000 (Subject to contract)
  • 8.23% Net Initial Yield 
  • £76 psf cap val
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