Investment Opportunity - Unit 1 Churchill Point, Trafford Park, Manchester, Greater Manchester, M17

Reversionary single let prime investment opportunity
For Sale
* Located in the heart of Trafford Park, the North West's premier industrial location
* High quality detached manufacturing / distribution unit
* Demised area of approximately 45,113 sq ft (4,191 sq m)
* Site area of approximately 2.1 acres (0.85 hectares)
* Freehold
* Leased to HYVA (U.K.) Limited who has a Dun & Bradstreet Rating of 2A2
* Guaranteed by HYVA Global B.V who reported a sales / turnover on 31/12/2023 of £571,068,000 and gross profit of £129,024,000.
* Jost Werke SE have recently acquired HYVA, including its direct and indirect subsidiaries worldwide, for $398m on the 31st January 2025. Jost have a Dun & Bradstreet rating of 5A1 and Tangible Net Worth of �382m.
* The tenant occupies the property by way of a 10 year lease from 26th June 2023, outside the Landlord & Tenant 1954 Act
* 8 years, 4 months unexpired lease term
* Current annual rental of £420,000 per annum equates to a low passing rental of £9.30 per sq ft
* Reversionary opportunity - estimated rental value of £12.50 per sq ft
* Offers are sought in excess of £8,000,000 (Eight Million Pounds), subject to contract and exclusive of VAT
* A purchase at this level reflects a Net Initial Yield of 4.92%, after costs of 6.671%, which equates to £177.25 per sq ft
* Reversionary yield of 6.61%