Glendale Avenue, Sandycroft Industrial Estate, Deeside, CH5
£70.97 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
42,270 sq ft
3,927 sq m
- SECTOR
Warehouse for sale
Key features
- Located in an established industrial estate, 6 miles from the M56 Motorway
- Self-contained industrial / warehouse and office facility totalling approximately 42,270 sq ft (3,927 sq m)
- Site area of approximately 2.04 acres (0.83 hectares)
- Leased to Parker Hannifin Manufacturing Ltd who has a Dun & Bradstreet Rating of 5A1
Description
Located in an established industrial estate, 6 miles from the M56 Motorway
Self-contained industrial / warehouse and office facility totalling approximately 42,270 sq ft (3,927 sq m)
Site area of approximately 2.04 acres (0.83 hectares)
Leased to Parker Hannifin Manufacturing Ltd who has a Dun & Bradstreet Rating of 5A1
The tenant has extended their occupation by way of lease renewal for a period of 5 years commencing 4th February 2024 contracted inside the Security of Tenure Provisions of the LTA 1954
Current annual rental of £253,620 per annum equates to a low passing rent of £6.00 per sq ft
Potential estimated rental value of £8.00 per sq ft
Offers are sought in excess of £3,000,000 (Three Million Pounds) subject to contract and exclusive of VAT
A purchase at this level reflects a Net Initial Yield of 7.94%, after costs, which equates to £70 per sq ft
Brochures
Glendale Avenue, Sandycroft Industrial Estate, Deeside, CH5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hawarden Station1.5 miles
- Shotton Station1.7 miles
- Hawarden Bridge Station1.7 miles
About DAVIES HARRISON LIMITED, Manchester
The Mission, 2nd Floor, 50 Bridge Street, Manchester M3 3BWNotes
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