Rugby Park - Unit 4, Battersea Road, Stockport, Greater Manchester, SK4
- 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
* 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
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
Notes
Disclaimer - Property reference RugbyPark4. 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 DAVIES HARRISON LIMITED, Manchester. 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.
Map data ©OpenStreetMap contributors.