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UNDER OFFER

Borron Street, Portwood, Stockport, SK1 2JD

£540,000

£84.23 per sq ft

Business rates & charges may apply

Fairhurst Buckley, Stockport
SIZE AVAILABLE

6,411 sq ft

596 sq m

SECTOR

Commercial development for sale

Key features

  • Investment property let to Lookers Motor Group Ltd on a 10 year FRI lease (subject to an option to break in December 2027)
  • Passing rent of £51,000 per annum exclusive
  • ERV £60,000 per annum exclusive - rent review December 2027
  • Net Initial Yield 7.03% and reversionary yield 8.63%
  • Located of Junction 27 of M60 motorway
  • Site area 1,615 sq.m (1,932 sq.yds/0.40 acre approx.)
  • Manchester Airport within 15 minutes' drive
  • Nearby occupiers include Tesco Extra, Lookers, Guy Salmon Land Rover Jaguar, Porsche, Home Bargains, TK Maxx and Currys, Marks & Spencer Foodhall

Description

Detached, town centre, industrial/warehouse investment property let on an FRI lease to a single tenant Lookers Motor Group Ltd, with a site area of 1,615 sq.m (1,932 sq.yds/0.40 acre) approx

Brochures

Borron Street, Portwood, Stockport, SK1 2JD

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stockport Station1.0 miles
  • Brinnington Station1.2 miles
  • Reddish South Station1.5 miles

About Fairhurst Buckley, Stockport

Fairhurst Buckley Limited, 7 Acorn Business Park, Heaton Lane, Stockport, Cheshire SK4 1AS

Specialist property expertise, unrivalled local knowledge and excellent customer service from Stockport and South Manchester's largest team of Chartered Surveyors, Commercial Property Experts and RICS Registered Valuers.

A focus on our customers is at the heart of what we do. We constantly strive to offer the very best possible service and give straight-talking advice at all times. Our approach means we are trusted and collaborative partners of many in the local business community. We are proud to have been part of the evolution of Stockport and we are passionate about its future.

We offer a wide range of property services, including Commercial Property Sales & Lettings, Commercial Property Acquisitions, RICS Commercial Property Valuations, Property Management, Rent Collection, Building Surveys, Project Management, Schedules of Condition & Dilapidations, CDM Regulations Advice, Lease Renewals, Rent Reviews, Facilities Management and RICS Home Surveys.

Our commitment and customer-focused service is underpinned and driven by qualified professionals who have a real passion for what they do. From selling and letting local South Manchester commercial properties to surveying and offering facilities management services on a national level. Our goal is to continue to offer that personal touch that comes with being a local business to delivering a service that reaches the length and breadth of the country.

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