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Evri, Trafford Park


Size
12,837 sq ft
Tenant
Hermes Parcelnet Limited (t/a Evri)
Value
£2,460,000
Yield
4.50%

Property description

Opportunity to acquire a prime detached single let industrial investment situated in the heart of Trafford Park, Manchester. Let to an outstanding covenant, on a straight 6-year FRI lease.

The property comprises 12,837 sq ft at a passing rent of £117,677 pa (£9.50 psf), with scope for further growth.

The purchase price of £2.46M reflects a NIY of 4.50%