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Ashbrook Business Park - Units A-D 2 Industrial Properties Offered at $7,382,494 CAD in Manchester
Investment Highlights
- New build multi-let industrial investment.
- Total marketing rent of £272,538 per annum, reflecting a reversionary £16.40 per sq ft.
- The scheme comprises of four new industrial units totaling 16,620 sq ft GEA.
Executive Summary
Offers in excess of £4,000,000 (Four Million Pounds), subject to contract and exclusive of VAT. A purchase at this level would reflect a Net Initial Yield of 6.40% assuming standard purchaser’s costs, and a capital value of £240 per sq ft.
Fully let to three tenants with a WAULT of 10.81 years to expiry (6.19 years to break).
Fully let to three tenants with a WAULT of 10.81 years to expiry (6.19 years to break).
Property Facts
| Price | $7,382,494 CAD | Number of Properties | 2 |
| Price / SF | $444.19 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.40% | Total Building Size | 16,620 SF |
| Sale Type | Investment | Total Land Area | 3.38 AC |
| Status | Active |
| Price | $7,382,494 CAD |
| Price / SF | $444.19 CAD / SF |
| Cap Rate | 6.40% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,620 SF |
| Total Land Area | 3.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Ashbrook Approach
Longstone Rd, Manchester M22 5LB |
Industrial | 11,610 SF | 2024 | - |
|
Unit 4
Longstone Rd, Manchester M22 5LB |
Industrial | 5,010 SF | 2024 | - |
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Ashbrook Business Park - Units A-D
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