Investment Summary

Ainscough Crane Hire Ltd, Ashton Road, Bredbury, Stockport SK6 2RG

  • Situated on an extremely prominent corner plot of the Bredbury Industrial Estate
  • Bredbury Industrial Estate extends to over 220 acres with over 100 business tenants
  • Excellent main road frontage to the A6017 Ashton Road linking to Junction 25 of the M60
  • Property comprises of a 5,942 sq ft warehouse on a site of 1.06 acres (12.86% site cover)
  • Let to Ainscough Crane Hire Limited (D&B 4A1)
  • 14.25 years remaining on an FRI lease subject to a schedule of condition
  • Current rent of £38,000 per annum 
  • 5 yearly reviews to the lower of OMRV or RPI (uncapped)
  • Freehold
  • Offers in excess of £580,000 (STC)
  • Attractive Net Initial Yield of 6.25% and a Reversionary Yield of 6.34% (applying RPI)
  • Investment value underpinned by industrial land values
  • Higher value alternative use possible STP
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