Investment Summary

Houghton Plc, Beacon Road, Trafford Park, Manchester

  • Prime industrial investment in the heart of Trafford Park 
  • 7.21 acre site with 150 metre road frontage and a low site cover of just above 30% 
  • 88% of income derived from Houghton Plc who use hte premises as their European HQ 
  • 90,780 sq ft warehouse and manufacturing facility 
  • Part let to Storage Box Self Store and Aquiva (aerial mast) 
  • AWULT to expiry of 14.33 years (5.58 years to break) 
  • Rental growth prospects from a low passing rent of just £4.29 psf on Houghton Plc space 
  • Total income of £445,544 per annum
  • Held Long Leasehold for 999 year at a peppercorn
  • Excellent redevelopment potential for higher value uses 
  • Seeking offers in excess of £6,450,000, reflecting a Net Initial Yield of 6.5%

 

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