Property description
Artis Park, Winsford Industrial Estate, Winsford CW7 3SE
A rare opportunity to acquire a prime newly built, North West multi-let trade counter / industrial estate. Prominently located in the established Winsford Industrial Estate
Comprising 124,487 sq ft across 13 well-specified units. The property is let to 7 tenants (83% occupancy) producing a total income of £1,016,673 per annum with passing rents ranging from £6.75 - £10.50 per sq ft . The WAULT is 13.57 years to expiry (9.74 years to break)
The purchase price of £21.65M reflects a NIY of 4.50% and a capital value of £170 per sq ft.
