UNITS 1-7 & 44-50 MELFORD COURT HARDWICK GRANGE, WARRINGTON, WA1 4RZ UNITS 1-7 & 44-50 MELFORD COURT • HARDWICK GRANGE, WARRINGTON, WA1 4RZ
Investment Summary
Reversionary north west multi-let industrial estate Located in Warrington’s established Woolston Grange Industrial area Excellent road communications being situated in close proximity to Junction 21 of the M6 Motorway Comprises 12 light industrial units and one last mile mid-box logistics unit totalling 114,107 sq ft Let to 9 tenants, producing a total current passing rent of £577,426 per annum (only £5.06 psf overall) Attractive WAULT of approximately 6.5 years to expiries and 4.6 years to breaks Numerous asset management opportunities Freehold
We are instructed to seek offers in excess of £9,020,000 (Nine Million and Twenty Thousand Pounds) subject to contract and exclusive of VAT.
A purchase at this level will reflect an attractive net initial yield of 6.00% assuming purchaser costs of 6.68%. This represents a low capital value of only £79 psf. E N R A N L T K C Culcheth N R H W R N A L W C R W T LA M6 NE
E N A L AW H H E S A T W H L A N E E E AN N L A R L A B ST 5 K U 2 C M 12 W N W
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