Links Commerce Park, Factory Road, Deeside, CH5 2DD
£200.00 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
10,000-50,000 sq ft
929-4,645 sq m
- SECTOR
Light industrial facility for sale
- USE CLASSUse class orders: B8 Storage and Distribution
B8
Key features
- Excellent connectivity via the M56 to the North West and the A494 and A55 to North Wales.
- Modern, detached refurbished industrial premises divided to provide 2 separately accessed units and dedicated yards extending to 21,428 sq ft.
- Let to the excellent covenant of Evri Ltd and Rutter Commercials Ltd.
- Passing rent of £177,500 pa reflecting an average rent of £8.28 psf.
- WAULT of 5 years to expiry and 4.3 years to break.
- Site area of 1.07 acres providing a site cover of 44.1%.
- Freehold.
- Offers are sought in excess of £2,300,000 (Two Million Pounds) subject to contract and exclusive of VAT.
- A purchase at this level reflects a Net Initial Yield of 8.35% and a capital value of £93 psf. Subject to purchaser's costs of 6.28%.
Description
The Commercial investment property is prominently located on the well-established Sandycroft Industrial Estate with gated access via Factory Road.
The property is located approximately 7 miles (11 km) to the North West of Chester, 18 miles (29 km) South of Liverpool and 45miles (72 km) West of Manchester.
The area is located close to the A494, A550 and A5117 dual carriageway which links to the M56, approximately 7 miles to the northeast and the A55 which connects the North West of England with North Wales and forms part of the outer ring road of Chester.
The property is situated within Deeside Enterprise Zone, a modern, high skills driven area with ambitions to be recognised as a centre for advanced technological excellence on a world scale. Deeside Enterprise Zone is home to highly skilled, contemporary manufacturing across a diversity of sectors - from aerospace and automotive to electronics and pharmaceuticals, construction, food and sustainable energy.
Description
The property comprises a modern, refurbished detached industrial property built to the following specification:
* Steel portal frame construction
* Profile sheet cladding beneath a pitched metal roof
* Eaves height of 5.5m
* 3 sectional up and over loading doors
* LED lighting throughout
* 2 storey office accommodation in each unit
* Large concrete yard spanning the full width of the property
* Secure fully fenced and gated site
Tenancy
The property is fully let to let to the excellent covenant of Evri Ltd and Rutter Commercials Ltd at passing rent of £177,500 pa reflecting an average rent of £8.28 psf.
Proposal
Offers are sought in excess of £2,000,000 (Two Million Pounds) subject to contract and exclusive of VAT.
A purchase at this level reflects a Net Initial Yield of 8.35% and a capital value of £93 psf.
Subject to purchaser's costs of 6.28%.
Energy Performance Certificates
EPC 1Brochures
Links Commerce Park, Factory Road, Deeside, CH5 2DD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hawarden Station1.7 miles
- Shotton Station1.6 miles
- Hawarden Bridge Station1.6 miles
Notes
Disclaimer - Property reference Sandycroft. 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 Christopher Dee LLP, Altrincham. 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.
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