Property description
Opportunity to acquire a prime long income industrial investment. Excellent strategic location, positioned between J11 of the M60 and J21 of the M6.
Unbroken 30-year index linked lease to Univar Solutions UK Limited – outstanding covenant with a D&B rating of 5A1. The property comprises 8.96 acres (3.63 acres) at a low passing rent of £358,400 (40,000 per acre).
The purchase price of £6.72M reflects a NIY of 5.00%, with a low capital value of £750,000 per acre.
