Alma Street Works Alma St 2,347 SF Industrial Building Manchester M26 4JP $551,344 CAD ($234.91 CAD/SF)

Opportunity to acquire this industrial investment property producing a strong 9.16% gross yield. The property comprises a detached light industrial unit with the main garage measuring 1,860 sq ft, the unit benefits from excellent natural light, WC facilities an internal office block with a reception area. Externally the unit also features a wrap around yard measuring 7,500 sq ft with significant redevelopment potential. The unit is 100% let on six year FRI lease expiring 15th March 2031 producing an annual income of £27,500.00.
Offers in the region of £300,000.00 are to be considered for the freehold interest.