Units 1 & 6, Wilson Road, Huyton Business Park, Merseyside L36 6JF

Units 1 & 6, Wilson Road, Huyton Business Park, Merseyside L36 6JF

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  • High yielding reversionary industrial investment

  • Located on established Huyton Business park

  • Two detached, well specified industrial units

  • Large site of 6.47 acres

  • Unit 1 - 92,117 sq ft & Unit 6 - 31,272 sq ft (total of 123,389 sq ft)

  • Unit 1 secured to undoubted covenant of City and St James Property Holidings Limited with 3.5 years unexpired

  • Unit 6 let to established covenant of Locker Freight Limited until April 2019

  • Total rental income of £282,690 per annum (£2.48 psf and £1.73 psf on Units 1 & 6 respectively)

  • Total estimated rental value of £370,617 (£3.00 psf)

  • Freehold

  • Offers in excess of £3,500,000

  • Net initial yield of 7.59%

  • Reversionary yield of 9.95%

  • Low capital value of £28 psf

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