Property description
Opportunity to acquire a modern and reversionary single let industrial investment, occupied by Restore Technology Limited. Excellent strategic location, located in Astmoor Industrial Estate, Runcorn, with good access to M62 and M56 Motorways.
The property comprises 36,791 sq ft at a low passing rent of £150,000 (£4.07 psf) offering good reversion.
The purchase price of £2.35M reflects a NIY of 6.00%, reversionary yield of 7.40% and low capital value of £63.89 psf.