Situated on an extremely prominent corner plot on 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 within 1/2 a mile.
Property comprises of 5,942 sq ft warehouse on a concrete yard of 1.06 acres (12.86% site cover).
Let to Ainscough Crane Hire Limited (D&B 4A1).
7 years remaining on FRI lease subject to a schedule of condition.
Current rent of £46,797.20 per annum.
5 yearly reviews to the lower of OMRV or RPI (Uncapped).
Freehold.
A net initial yield of 4.5% rising to 5.6% on rent review in 2027.
Investment value underpinned by substantial rental uplift anticipated on lease expiry.
Higher value alternative use possible STP.
We are seeking offers of £985,000 (Nine Hundred and Eighty Five Thousand Pounds) for our client’s freehold interest subject to contract and exclusive of VAT.
