Central Fusion, J25 M6, Caxton Close, Wigan, WN3 6XU

Property description

Opportunity to acquire a modern single let industrial unit, offering substantial reversion.

 The property comprises a modern detached 35,313 sq ft industrial unit built to a high specification with 10.15m eaves, 5 loading doors and extensive canopy.

 It is let of a low rent of £266,040 pa, (£7.53 psf), with an ERV of £317,817 pa (£9.00 psf) on a 5 year FRI lease expiring 19^th April 2028.  

 The purchase price of £3,995,000 reflects a NIY of 6.25%, reversionary yield of 7.47% and low capital value of £113 psf.

What is 3 plus 2?

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Property of interest: Central Fusion, J25 M6, Caxton Close, Wigan, WN3 6XU

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