Property description
A prime multi-let industrial estate comprising 269,058 sq. ft. in 9 detached units (8 built between 2004 and 2006). The property occupies a key prime industrial location adjacent to Heywood Distribution Park.
The property is fully let to 9 different tenants producing a total income of £1,439,872 per annum with passing rents at only £4.75 - £5.78 per sq. ft. The AWULT is 5.28 years to expiry (3.12 years to break).
The purchase price offers a net initial yield of 6.25%.
