Heavy Industrial for sale

Wimpory Street, Manchester, Greater Manchester, M11 2FP

£395,000
8,821 sq. ft.

Property Description

Commercial information

  • 8,821 sq ft (819 sq m)

Key features

  • For Sale Income Producing Investment
  • Let to Wellington Rubber Company Limited for a term of five years
  • Strong covenant - established since 1937
  • Producing 25,000 per annum
  • Benefit of a sub station plus full lighting and heating systems

Full description

LOCATION:
From the centre of Manchester travel towards Ashton along Ashton Old Road (A635). After approximately two miles and after passing the New Smithfield Market on the right hand side, turn right onto Press Street. At the head of Press Street, turn left onto Cornwall Street and first right onto Dewey Street. Wimpory Street is the first turning on the left. The property is at the head of the cul-de-sac, situated within an established commercial area approximately 2.5 miles from Manchester city centre and within two miles of Junction 24 and 23 of the M60 motorway.

DESCRIPTION/CONSTRUCTION:
Comprising a modern purpose built industrial/workshop building of steel portal frame construction with brick and clad elevations all under a pitched, PVC coated corrugated steel roof, which is fully lined and insulated and incorporates skylights. The property is constructed in two bays with a central row of stanchions.

To the front of the property there are two full height roller shutter loading doors and a small enclosed yard incorporating a sub-station. To the rear of the property there is a kitchen and toilet area.

The property has the benefit of high bay lighting together with two large capacity gas blower heaters.

ACCOMMODATION:
Bay 1 (left hand) : 49'7" x 93'
Bay 2 (right hand) : 110'4" 38'2" average
providing 8,821 sq.ft. (819.5 sq.m.)
Kitchen area: 5'9" x 5' with single drainer stainless steel sink unit.
Gents toilet: 6'x 13'4" with urinal, wash hand basin, low level w.c.
Ladies toilet: 11'8" x 6'3" with wash hand basin and low level w.c.

ACCESS/LOADING:
Two full height roller shutter loading doors. The main loading door providing a maximum opening of 14ft. Side loading door providing a maximum opening of 9'2".

EAVES HEIGHT/HEADROOM:
19'6" minimum to eaves

SERVICE YARD:
Yard 20' x 21' overall including sub-station but excluding loading area.

SERVICES:
All mains services are available to the property including three phase and single phase electricity, gas, water and drainage. It is understood that the existing three phase power supply can be upgraded due to the sub-station within the site.

THE INVESTMENT:
The property is let on a full repairing and insuring lease for a term of 5 years from 1st July 2015. The company has been established since 1937. The property produces 25,000 which projects a net yield of 6.3%.


TENURE:
Freehold and free from chief rent.

PRICE:
395,000 subject to contract

RATEABLE ASSESSMENT:
For information relating to the Rateable Value go to:-
www.voa.gov.uk

VIEWINGS:
Viewings will be undertaken strictly by appointment with the Agents IMPEY & COMPANY on 0161-477-0444

WEB SITE:
Visit Impey & Company web site at:
www.impey.co.uk

POSSESSION:
Possession is available upon completion of the legal formalities.

IMPORTANT NOTE:
i) It should be noted that all prices and rentals quoted within these details are exclusive of Value Added Tax.

ii) An EPC will be provided as soon as it is available.

iii) The Code of Practice on Commercial Leases in England and Wales strongly recommends that a prospective tenant obtains professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through the web site:
www.bpf.org.uk

PLEASE NOTE: Impey & Company Limited for themselves and for the vendors or lessors of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract (ii) all descriptions, dimensions, reference to condition and necessary permission for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (Iii) no person in the employment of Impey & Company Limited has any authority to make or give any representation or warranty whatever in relation to this property.

OUR REF: P8


More information from this agent

Nearest stations

  • Gorton (0.3 mi)
  • Belle Vue (0.8 mi)
  • Ashburys (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Impey & Company Limited, Office & Industrial

88 Lower Hillgate, Stockport, SK1 3AL

0161 468 1485 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Gorton (0.3 mi)
  • Belle Vue (0.8 mi)
  • Ashburys (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Impey & Company Limited, Office & Industrial

88 Lower Hillgate, Stockport, SK1 3AL

0161 468 1485 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference wimpory. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Impey & Company Limited, Office & Industrial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data OpenStreetMap contributors.