Broadheath Networkcentre, Atlantic Street, Altrincham, Greater Manchester, WA14 5EW


Size
206,121 sq ft
Tenant
MLI
Value
£43,060,000
Yield
5.50%
Capital value
£209 psf

Property description

A rare opportunity to acquire a prime newly built, South Manchester MLI Estate in Altrincham, just 5 miles from Manchester Airport and 8 miles from Manchester City Centre.

Comprising 206,121 sq ft across 25 well-specified units (2,080 – 41,738 sq ft) and has been built to a high specification, built to BREEAM Very Good and EPC A.

The property is 67% let or under (in sq ft) producing a headline rent of £2,528,938 pa (£9.02 - £16.08 psf) and an ERV of £2,824,269 pa (£13.00 - £16.00 psf) .

The purchase price of £43.06M reflects a NIY of 5.50%, RY of 6.14% and a capital value of £209 per sq ft.


Request details

Please use the form below to make your enquiry. We typically respond within 24 hours.

Property of interest: Broadheath Networkcentre, Atlantic Street, Altrincham, Greater Manchester, WA14 5EW

Agents

John Burrows

E: johnb@b8re.com

T: 07921 137200

Simon Wood

E: simon@b8re.com

T: 07793 119210