Crossford Court, Dane Road, Sale M33 7BZ

Crossford Court, Dane Road, Sale M33 7BZ

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  • Prominent office scheme on the corner of Cross Street (A56) and Dane Road

  • Adjacent to Junction 7 of the M60 Motorway

  • Flexible office space divided to provide a range of suites with a total NIA of 30,874 sq ft

  • Producing a total gross rent of £457,585 per annum off low base rents

  • Net income of £235,865 per annum

  • 75% let on short term basis

  • On a large site of 1.80 acres (0.73 ha) with a low site cover of just 28%

  • Suited to a residential scheme, subject to the necessary planning consents

  • Freehold

  • Seeking offers in the region of £3,350,000 reflecting a NIY of 12.85% after allowing for purchasers costs

  • Triple net yield of 6.61%

  • Low capital value of just £109 psf

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