Investment Summary

Daresbury Court, Evenwood Close, Manor Park, Runcorn, WA7 1LZ

  • Multi-let modern office park set within a pleasant landscaped environment
  • Highly accesible location with excellent motorway and main road connectivity
  • Connectivity is to be significantly improved with the completion of the Mersey Gateway, schedule for Autumn 2017
  • 4 unit business park extending to 14,752 sq ft (2 further units sold off LLH for 999yrs at peppercorn)
  • 100 car parking spaces
  • Freehold
  • The property currently produces £199,127 per annum which equates to just £13.50 psf
  • AWULT to expiry 3.14 years (AWULTB 1.1 years)
  • Opportunity to improve the existing income profile through lease re-gears, removal of break options and re-letting of vacant accommodation within 12 month guarantee period
  • Our client is seeking offers in excess of £1,825,000 (STC)
  • Attractive Net Initial Yield of 10.27%
  • Low capital value of just £124 psf
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