Greengate Works and Units 2 & 4, Broadoak Industrial Estate, Ashburton Road West, Trafford Park, M17

Offers in excess of £2900000.00

• Rare opportunity to acquire a single let industrial property comprising three units within the North West's prime industrial estate Trafford Park, Manchester.

• Situated on Broadoak Business Park, located just off Ashburton Road West and with excellent connectivity to the M60, M602 / M62 and Manchester City Centre.

• The property comprises three units, Greengate Works and Units 2 and 4 Broadoak Business Park providing a total of 24,345 sq ft.

• Let to Trafford Rubber Products Limited on a 15 year FRI, inflation linked lease expiring on 30th September 2037, subject to a schedule of condition. Mutual break option in 2032.

• Very low current passing rent of £216,000, reflecting a rent of £8.87 per sq ft.

• Very attractive rent review clause - 3 yearly upwards only rent reviews to the greater of Open Market Rent or the increase in CPI (Consumer Price Index) subject to a collar and cap of 3.50% and 10.00% per annum compounded.

• Dedicated tenant who has been located on site since 1986.

• Trafford Rubber Product are the UK's leading independent rubber compounder.

• Freehold.

The property is located in Trafford Park, Manchester, the UK's prime industrial and logistics park. The property is centrally located benefitting from fast access to an extensive motorway network, making it an ideal location for urban occupiers. The area benefits from excellent communication links, being served by the M6, M60, and M62.

The units are located on Broadoak just off Ashburton Road West. Ashburton Road West provides excellent access to the M60 (Jct 9 & 10 approx 1 mile south west), M602 (Jct 2 approx 1.5 miles North) and the M62 (Jct
12 approx 3 miles West). Manchester City Centre is also located just 3 miles to the East of the site.