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Rugby Park - Unit 4, Battersea Road, Stockport, Greater Manchester, SK4

Offers in Excess of
£900,000

£153.79 per sq ft

Business rates & charges may apply

DAVIES HARRISON LIMITED, Manchester
SIZE AVAILABLE

5,852 sq ft

544 sq m

SECTOR

Light industrial facility for sale

Key features

  • Fully let industrial investment
  • Let to Costumes with Character Limited for a term of 10 years
  • The tenant has been in occupation for 19 years
  • Highly sought after industrial location
  • Business unaffected

Description

Full Let Industrial Investment Opportunity
* End-terrace industrial / warehousing unit comprising a base total of 5,852 sq ft (543.73 sq m) with an additional tenant's installed mezzanine of 1,993 sq ft
* Located in a highly sought after industrial estate, 2 miles from the centre of Stockport and the M60 motorway
* The property is held long leasehold under title number MAN46390 for a period of 999 years from 1st December 2005
* Leased to Costumes with Character Limited for a term of 10 years expiring May 2034
* Costumes with Character Limited have been in occupation of the subject property for 19 years, since 2006
* Current annual rental of £60,000 per annum equates to £10.25 per sq ft (on the basis of the original base total)
* Estimated rental value of £12.00 per sq ft
* Offers are sought in excess of £900,000 (Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT
* A purchase at this level reflects a Net Initial Yield of circa 6.31%, after costs, which equates to £150 per sq ft

Brochures

Rugby Park - Unit 4, Battersea Road, Stockport, Greater Manchester, SK4

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • East Didsbury Tram Stop0.5 miles
  • East Didsbury Station0.6 miles
  • Burnage Station1.0 miles

About DAVIES HARRISON LIMITED, Manchester

The Mission, 2nd Floor, 50 Bridge Street, Manchester M3 3BW

Davies Harrison is a leading North West property consultancy specialising in the industrial / distribution sector providing strategic, informed advice on all aspects of sales, leasing and investment agency to landlords and occupiers regionally and nationally.

Established in 2003, the Manchester based practice comprises a partner led team with over 50 years combined unrivalled property experience and has been involved in some of the region's most high profile and significant deals.

The team's proactive, no nonsense and entrepreneurial approach to deal making means that clients enjoy working with Davies Harrison time and time again and are confident that they will always receive an exceptional level of service

Notes

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