Sold

Blok N Mesh, Manor Park, Runcorn


Size
38,850 sq ft
Tenant
Blok ‘N’ Mesh Manufacturing Limited
Value
£3,840,000
Yield
5.50%

Property description

Blok N Mesh, 10 Christleton Court, Manor Park, Runcorn WA7 1PZ

Opportunity to acquire a modern, detached single let industrial investment, occupied by Blok ‘N’ Mesh Manufacturing Limited. Excellent strategic location, forming part of Manor Park Industrial Estate, Runcorn, providing immediate access to both J11 and J12 of the M56 motorway

The property comprises 38,850 sq ft at a passing rent of £225,000 (£5.79 psf) on a straight 10-year lease.

The purchase price of £3.84M reflects a NIY of 5.50% and a capital value of £98.85 psf.